Date: July 31, 2026

Board Meeting Outcomes

  • The ESOP Trust proposes to acquire corresponding equity shares of the Company from the open market in multiple tranches on or before December 31, 2026
  • The acquisition will be undertaken after taking into account the existing shareholding of the ESOP Trust
  • Purchase will be made through a SEBI registered stockbroker only during open trading window period(s)
  • Acquisition will comply with limits prescribed under Regulation 3(11) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
  • Operation will conform with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct
  • Funding will be in accordance with shareholders' approval and applicable provisions of the SBEBSE Regulations

Background Context

  • The Company has instituted the CEAT - Employee Stock Option Scheme 2025 ("Scheme") pursuant to shareholder approval
  • The Scheme is administered and implemented through an ESOP Trust in accordance with SEBI SBEBSE Regulations, 2021
  • This intimation references previous letters dated May 12, 2025, and July 24, 2026, regarding institution of the ESOP scheme and recent grants of options

Compliance & Disclosures

  • Necessary disclosures will be made to the stock exchanges as and when triggered in accordance with relevant regulations
  • The document is signed by Gaurav Tongia, Company Secretary, with digital signature timestamped July 31, 2026 at 19:26:06 +05:30

Sections Not Specified

  • Financial Results: Not specified
  • Dividend Declaration: Not specified
  • KMP/Board/Auditor Changes: Not specified
  • Auditor's Report: Not specified
  • Disinvestment/Strategic Actions: Not specified
  • Media Release/Investor Communication: Not specified