CEAT LTD. - Passing of Special Resolutions through Postal Ballot

Ceat Ltd has informed BSE that Company proposes to seek approval of the shareholders for the following 2 (two) Special Resolutions:<br/><br/>1. To alter the Objects Clause of the Memorandum of Association pursuant to Section 13 of the Companies Act, 2013 (the Act) and;<br/><br/>2. To increase the present limit of Foreign Institutional Investors shareholding in the Company from 24% (twenty four percent) to 45% (Forty five percent) of the paid up equity share capital of the Company.