StockWatch
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Tyres & Rubber Products
Board Meeting28 Apr 2026, 06:31 pm

CEAT Board Approves FY26 Results, ₹35 Dividend, Director Re-appointment

AI Summary

Ceat Ltd's Board of Directors, at its meeting held on April 28, 2026, approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The Board also recommended a dividend of ₹35 per equity share (350%) for FY 2025-26, subject to shareholder approval. Additionally, the continuation of Mr. Paras Kumar Choudhary as a Non-Executive, Non-Independent Director was approved, notwithstanding his attainment of 75 years, also subject to shareholder approval. The Board further approved an amendment to the Code of Fair Disclosure, Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons. The company also intends to avail credit facilities of up to ₹1,000 crores for business purposes in FY27.

Key Highlights

  • Board approved Audited Financial Results for the quarter and year ended March 31, 2026.
  • Recommended a dividend of ₹35 per equity share (350%) for FY 2025-26.
  • Approved continuation of Mr. Paras Kumar Choudhary as Non-Executive Director.
  • Amended the Code of Fair Disclosure and Insider Trading for designated persons.
  • Company plans to avail credit facilities of up to ₹1,000 crores for FY27.