
Management Change14 Oct 2026, 06:40 pm
Ceat Appoints Sumeet Narang as Independent Director
AI Summary
Ceat Ltd announced the appointment of Mr. Sumeet Narang as an Additional Director in the capacity of Non-Executive, Independent Director. This appointment is for a period of 5 years, effective October 14, 2026, until October 13, 2031, subject to shareholder approval. Mr. Narang brings extensive experience from the alternative asset management sector, having founded Samara Capital Group. The company also approved its unaudited financial results for the period ended September 30, 2026, along with the limited review report from its statutory auditors. An amended Policy on Related Party Transactions will be available on the company's website.
Key Highlights
- Sumeet Narang appointed as Non-Executive, Independent Director.
- Appointment is for a 5-year term from October 14, 2026.
- Mr. Narang is Founder & CEO of Samara Capital Group.
- Unaudited financial results for period ended Sep 30, 2026 approved.
- Amended Policy on Related Party Transactions to be available online.
Price Impact
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