CEAT Limited has received an order for the temporary suspension of its license to procure Methanol from the Food and Drug Administration, Maharashtra. This suspension is effective from September 1, 2026, to September 15, 2026, due to alleged violations of Rules 9 and 11 under the Maharashtra Poisons Rules, 1972. The company has already addressed the issues raised and made alternate arrangements, anticipating no material adverse impact on its operations.
Temporary Suspension of Methanol Procurement License
CEAT Limited announced today that it has received an order from the Food and Drug Administration, Maharashtra, for the temporary suspension of its license to procure Methanol. This suspension is scheduled to be effective for a period of two weeks, from September 1, 2026, to September 15, 2026. The order stems from alleged violations concerning Rule 9 and Rule 11 of the Maharashtra Poisons Rules, 1972, as well as other license conditions related to competent person norms.
Company’s Response and Mitigation
The communication regarding this order was received by an authorized officer on August 18, 2026. While the suspension order is yet to become effective, CEAT Limited has proactively taken steps to mitigate any potential disruption. The company has already made alternate arrangements to ensure the procurement of Methanol in compliance with the applicable rules. Furthermore, CEAT has stated that the issues raised in the suspension order have been addressed, leading the company to anticipate no material adverse impact on its financial position, operations, or overall business activities.
Source: BSE
