
Auditor16 Jul 2026, 08:00 pm
Ceat Ltd Re-appoints B S R & Co. LLP as Statutory Auditors
AI Summary
Ceat Ltd's Board of Directors has unanimously approved the re-appointment of M/s. B S R & Co. LLP as Statutory Auditors for a second consecutive term of five years. This reappointment is effective from the conclusion of the 68th AGM in 2027 up to the conclusion of the 73rd AGM in 2032, subject to shareholder and regulatory approvals. The Board also approved the unaudited financial results for the quarter ended June 30, 2026. Additionally, the company announced a proposed capital expenditure of approximately ₹1,205 Crores to add about 53,000 tyres per day capacity, expected by the end of FY2031, funded by internal accruals and debt.
Key Highlights
- Statutory Auditors B S R & Co. LLP re-appointed for a second 5-year term.
- Re-appointment effective from 68th AGM (2027) to 73rd AGM (2032).
- Unaudited financial results for Q1 FY27 approved.
- Proposed capital expenditure of ₹1,205 Crores for capacity expansion.
- Capacity addition aims for 53,000 tyres/day by end of FY2031.
Price Impact
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