CEAT Limited has informed the Exchange about General Updates
CEATLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Smallcap 250 and in line with its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai has upheld an excise demand of ₹6.59 crores against CEAT Limited, along with applicable interest and an additional penalty of ₹0.50 crores. The demand relates to alleged incorrect utilisation of Additional Excise Duty (AED) towards payment of Basic Excise Duty (BED), stemming from an original order dated November 1, 2013. The company received the communication on June 18, 2025. CEAT has stated there is no material impact on its financials beyond the stated amount and is in the process of filing an appeal against the order.
A total exposure of around ₹7.09 crores (demand + penalty), which is small relative to CEAT's overall size, so limited financial impact. However, the adverse tribunal ruling is negative and the ongoing appeal introduces some uncertainty.