CEAT Limited — Important, 19-06-2025: General Updates

CEAT Limited has announced a board meeting on the financial results for the quarter and half-year. The Customs, Excise & Service Tax Appellate Tribunal upheld a demand of ₹6.59 Cr plus a ₹0.50 Cr penalty related to alleged incorrect use of excise duties. The company states this will not have a material impact on its financials or operations and is planning to appeal the decision.