CEAT Limited announced today the outcome of its Board Meeting held on January 19, 2026. The Board unanimously approved a significant capital expenditure of approximately ₹1,314 Crores for the expansion of its Chennai plant. This investment is aimed at increasing the tyre manufacturing capacity by about 35 Lakh Tyres per annum, with the new capacity expected to be added by the end of the first half of FY2028. The expansion is driven by the company's expectation of robust growth in the PCUV category and the anticipated future demand.

The investment will be funded through a combination of internal accruals and debt. The company's Chennai plant currently has a capacity of about 95 Lakh Tyres per annum, operating at approximately 80% utilization.

In addition to the capex approval, the Board also took on record the Unaudited Financial Results (Standalone and Consolidated) for the period ended December 31, 2025, along with the Limited Review Reports from the Statutory Auditors. The trading window for dealing in the company's securities will open 48 hours after the declaration of these financial results.