CEAT Limited — Others, 29-04-2025: Related Party Transactions
29-04-2025 | 10:26 pm
29-04-2025 | 10:26 pm
CEAT Limited has disclosed related party transactions for the reporting period, highlighting significant transactions with subsidiaries and associated entities. Notably, the company earned royalty income of ₹94.05 Cr from Ceat Kelani International Tyres (Pvt.) Limited and reported ₹1,318.97 Cr from sales of goods and services to the same subsidiary. The audit committee approved all transactions, ensuring compliance, and the company has a declaration of unmodified audit opinion from its auditor, affirming the reliability of its financial results. These disclosures enhance transparency and keep stakeholders informed about inter-company dealings.
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