CEAT Ltd
NSE: CEATLTD BSE: 500878
₹3855
(-0.53%)
Thu, 26 Feb 2026, 08:58 am
Market Cap156.89B
PE Ratio28.16
Dividend0.77
Consumer Durables
Automotive Aftermarket
24.5KCompany History
1958
- Incorporated on March 10 in Mumbai for tyre manufacturing and related products.
1965
- Obtained letter of intent for 2 million bicycle tyres and tubes per annum.
1972
- Set up R&D unit at Bhandup works; installed testing machines.
1973
- Issued 55,660 bonus equity shares 1:6.
1976
- Issued 55,660 bonus equity shares 1:7.
1980
- Reclassified authorised capital (1978); issued 89,056 bonus equity shares 1:5.
1981
- Deccan Fibre Glass Ltd amalgamated effective June 1; allotted 87,105 equity shares 1:40.
- Received letter of intent for glass wool manufacture.
1982
- Promoted joint venture UPCOM Cables Ltd with Pradeshiya Industrial and Ceat Cari Italy.
- Entered collaboration with Yokohama Rubber Japan for radial tyres.
- CTI Investments Ltd, Ceat Investment Ltd, Ceat Finance Co Ltd became wholly owned subsidiaries.
1983
- Atlantic Holdings Ltd and Malabar Coastal Holdings Ltd became subsidiaries.
1986
- Offered Rs 10 crore 15% non-convertible debentures (third series) on rights basis.
1987
- Implemented radial tyres project mid-year; applied for conveyor belts licence.
- Set up nylon yarn/cord fabric factory at Malanpur with Toray Japan.
- Offered 4,192,000 12% convertible debentures on rights basis; allotted additional and private placement; offered to employees.
1988
- Proposed Nasik expansion to 10 lakh automotive tyres and third plant at Waluj.
- Entered agreement with Nitto Boseki Japan for fibre glass capacity expansion to 5,000 tonnes.
- Meteoric Industrial Finance Co Pvt Ltd became subsidiary.
1989
- Production and sales increased despite Nasik strike; proposed steel belted radials with Yokohama.
- Murphy India Ltd amalgamated effective July 1 per BIFR order.
- Renamed Thane plant as Electronics Division with Ricoh Japan assistance; modernised with Goldstar Korea.
- Offered 7,380,158 12.5% partly convertible debentures on rights basis; allotted additional; offered to employees.
- Company name changed to Ceat Ltd.
1990
- Offered 9,000,000 14% non-convertible debentures on rights basis; allotted additional; offered to employees; issued warrants.
- Allotted 49,719 equity shares to Murphy India Ltd shareholders per amalgamation scheme on January 1, 1991.
1992
- Suspended operations of Electronics Division.
- Modernised Mumbai plant for productivity and increased capacity.
- Set up project with Goodyear USA at Aurangabad for radial and earth mover tyres.
- Offered 6,774,193 15% partly convertible debentures on rights basis (1:3.125); allotted additional to retain oversubscription; offered to employees.
1993
- Entered collaboration agreement with Yokohama Rubber Company for tyre manufacture at Nasik Plant.
1995
- Prepared to launch car radials at Aurangabad Factory; introduced new truck tyres 'CLT NOVA', 'HCL-80 Plus', 'Turbo Lug' and 'FM Series' variants.
- Allotted 4,062,953 equity shares against warrants on January 1.
1996
- Launched radial car tyre 'Maestro' with polyester tyre cord technology.
- Launched heavy duty 'Stamina' LCV tyre.
2003
- Delisted equity shares from Ahmedabad, Calcutta, Madras and Delhi Stock Exchanges.
2005
- Issued rights in 3:10 ratio.
2009
- Appointed Mr Vinay Bansal as Director in casual vacancy.
- Appointed Mr Anant Vardhan Goenka as Additional Director effective December 21.
2010
- Appointed Mr Anant Vardhan Goenka as Deputy Managing Director effective January 4.
2011
- Commercial production of passenger/truck radial tyres commenced at Halol plant.
- Recommended Rs 2 per share dividend.
2012
- Appointed M/s S R Batliboi & Associates as Statutory Auditors.
- Appointed Mr Anant Vardhan Goenka as Managing Director.
2013
- Signed Joint Venture Agreement with A K Khan & Company Ltd.
- Approved appointment of Mr Arnab Banerjee as Additional Whole-time Director.
- Recommended dividend of 40% (Rs 4 per share).
2014
- Recommended dividend of 100% (Rs 10 per share).
- Approved appointments of Independent Directors including Ms Punita Lal, Mr Atul Choksey, Mr Haigreve Khaitan, Mr S Doreswamy, Mr Mahesh Gupta, Mr K R Podar, Mr Vinay Bansal.
2016
- CEAT announced investment of Rs 2,800 crore.
2017
- CEAT acquired 163-acre land in Chennai for over Rs 60 crore to set up radial tyres plant.
- CEAT launched truck service hub in Kolkata.
2018
- CEAT signed MoU with Tamil Nadu government for Rs 4,000 crore manufacturing unit at Sriperumbudur.
2020
- NCLT sanctioned amalgamation of CEAT Specialty Tyres Limited with CEAT Limited.
2021
- Ceat Tyres launched label-rated tyres in India.
2022
- CEAT Limited received approval under Component Champion incentive scheme of PLI Scheme for Automobile and Auto Component Industry.
2024
- CEAT Limited informed about amalgamation of its existing RTA with Link Intime India Private Limited.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800