CEAT has announced a dividend of ₹35 per equity share for the financial year 2025-26, representing a 350% payout on the face value of ₹10 per share. This decision, made during the company’s board meeting on April 28, 2026, is subject to shareholder approval at the upcoming Annual General Meeting. The dividend will be paid or dispatched within 30 days following the approval.
The board meeting, which commenced at 01:30 PM and concluded at 05:14 PM, also saw the approval of the audited financial results for the quarter and year ended March 31, 2026. The results, both standalone and consolidated, were accompanied by the statutory auditor’s report with an unmodified opinion, as confirmed by the Chief Financial Officer.
In addition to the financial results and dividend declaration, the board approved the continuation of Mr. Paras Kumar Choudhary as a Non-Executive, Non-Independent Director. Despite Mr. Choudhary reaching the age of 75 on October 1, 2026, his continuation in the role is recommended by the Nomination and Remuneration Committee and is subject to shareholder approval.
The board also amended the company’s Code of Fair Disclosure and internal procedures related to trading by designated persons and their immediate relatives. The updated code is available on CEAT‘s official website.
Furthermore, CEAT plans to avail a credit facility of up to ₹1,000 crores in addition to commercial papers for business purposes during FY27. This is within the overall borrowing limits previously approved by shareholders.
The trading window for dealing in CEAT securities will open 48 hours after the declaration of the financial results, in compliance with SEBI regulations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).