News Announcement

Ceat: Subscription To Shares

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that the Company has signed Share Purchase Agreement and Shareholders Agreement with TP Akkalkot Renewable Limited and The Tata Power Company Limited for subscribing to 26% of total equity share capital of TP Akkalkot for a value not exceeding Rs. 5 Crores.

Details required as per Circular CIR/CFD/CMD/4/2015 dated September 9 2015 are enclosed as Annexure to this disclosure.

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