CEAT Limited — Others, 18-02-2025: Change in Director(s)

Mr. Ranjit Vasant Pandit, a Non-Executive Independent Director at CEAT Limited, has resigned from his position, effective March 2, 2025, after nearly ten years on the Board. He cited this term completion as the sole reason for his resignation. This change may lead to a shift in the company's governance dynamics and could prompt discussions regarding board succession planning. Investors may perceive this as a neutral impact, with potential for a positive outlook if the company identifies a strong successor. CEAT continues to prioritize robust governance in its operations.