CEAT

Ceat Ltd has submitted to the Exchange a copy of the detailed note on the Scheme of Arrangement between the Company and CHI Investments Limited. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/ceat_scheme_181207.zip target=NEW> For more details click here.</a>

Ceat Ltd had informed the Exchange that a Scheme of Amalgamation of CEAT Holdings Limited, CEAT Ventures Limited and Meteoric Industrial Finance Company Limited with CEAT Limited was approved at the meeting of the equity shareholders of the Company held on February 10,2006 convened as per directions of the Hon'ble High Court of Judicature at Bombay. Subsequently, the transferor and transferee company had filed their respective petitions before the Hon'ble Court for approval. The company has now informed the Exchange that the Hon'ble Court has approved the said Scheme of Amalgamation on June 30

Ceat Ltd has informed the Exchange that at the board meeting held on September 23,2005,the company has decided to make a rights issue of equity shares of Rs.10/- each at a premium of Rs.40/- per share aggregating to Rs.52.7 crore. The shares will be offered to the members of the company in the ratio of 3:10 i.e.3 new equity shares shall be offered to the shareholders for every 10 shares held by them on the record date to be fixed later. At the said meeting, the board considered the proposal of its subsidiaries viz. CEAT Holdings Limited, CEAT Ventures Limited and Meteoric Industrial Finance Co