The Exchange has sought clarification from CEAT Limited with respect to recent news item captioned CEAT s 1,300-cr Chennai plant expansion takes cumulative investment to 4,800 crore. The response from the Company is attached.
CEATLTD · price
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On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 0.1 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NSE sought clarification from CEAT Limited regarding a news article about its ₹1,300 crore Chennai plant expansion, which takes cumulative investment to ₹4,800 crore. CEAT responded that details of the proposed capital expenditure at its Chennai plant in Sriperumbudur, Kancheepuram were already disclosed in the Board Meeting outcome on January 19, 2026, under SEBI LODR Regulation 30. The company confirmed the information is already in the public domain and no additional disclosure is required at this time.
This is a routine clarification with no negative implications — the company is reaffirming prior disclosures and compliance with listing regulations. Shareholders can take comfort from the transparency, and the stock is unlikely to see material movement from this filing.