CEAT Limited issued a clarification regarding recent media reports concerning capital expenditure for its Chennai plant expansion. The company confirmed that these details were previously disclosed to the Stock Exchanges following the Board Meeting on January 19, 2026. CEAT affirmed its commitment to all material disclosure requirements and stated there is no new, unannounced information required under current regulations at this time.
Clarification on Capital Expenditure News
CEAT Limited issued a formal response on March 18, 2026, addressing media news articles speculating about capital expenditure related to the expansion of its plant facility in Chennai. The company sought to clarify and confirm the reported information circulating in the publication.
Prior Disclosure Confirmed
The Company confirmed that the details pertaining to the proposed Capital Expenditure at the Chennai Plant—specifically located at Kannanthangal, Maduramangalam Post, Sriperumbudur TK, Kancheepuram—were already announced to the Stock Exchanges. This initial announcement was made as part of the Outcome of the Board Meeting held on January 19, 2026. Interested parties are directed to the BSE website for the original filing containing these relevant details.
Regulatory Compliance Statement
CEAT reassured stakeholders that it is continuously adhering to all requirements specified under applicable listing regulations, ensuring timely disclosure of all material information. Furthermore, the Company stated that at this moment, there is no further information in relation to this matter that requires immediate intimation to the Stock Exchanges.
Source: BSE
