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CEAT Ltd: Board Approves ₹1314 Cr Capex for Chennai Plant Expansion
CEAT Limited
January 19, 2026, 12:37 PM
CEAT Limited's Board approved a ₹1,314 Crore capex for its Chennai plant to add 35 Lakh Tyres per annum capacity by H1 FY2028. The company also announced its unaudited financial results for the quarter ended December 31, 2025. Funding will be from internal accruals and debt.
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CEAT Limited's Board of Directors, in a meeting held on January 19, 2026, approved a significant capital expenditure of approximately ₹1,314 Crores for expanding its Chennai plant.
The expansion, located at Kannanthangal, Maduramangalam Post, Sriperumbudur TK, Kancheepuram, aims to add approximately 35 Lakh Tyres per annum to the existing capacity of about 95 Lakh Tyres per annum. The company expects this capacity addition to be completed by the end of the first half of FY2028.
This investment is driven by the anticipated strong growth in the PCUV Category and is intended to service future demand. The funding for this capex will be a mix of internal accruals and debt. The board also took on record the unaudited financial results for the period ended December 31, 2025, along with the limited review reports.
The trading window for dealing in the company's securities will reopen 48 hours after the declaration of these financial results.
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