CIE Automotive India Ltd

Instruments / Ratings

• Line of Credit: Rs 575 crore; AA(Stable)/A1+ (ICRA).
• Unallocated limits: Rs 61 crore; AA(Stable)/A1+ (ICRA).
• Total facilities: Rs 575 crore.

Annexure - Bank Limits

• ICICI Bank limits: Rs 230 crore; AA(Stable)/A1+.
• Kotak Mahindra Bank limits: Rs 150 crore; AA(Stable)/A1+.
• Bank of America limits: Rs 94 crore; AA(Stable)/A1+.
• HSBC limits: Rs 5 crore; AA(Stable)/A1+.
• Sumitomo Mitsui Banking Corporation limits: Rs 35 crore; AA(Stable)/A1+.

Outlook

• Long-term outlook: Stable; Short-term outlook: Stable.

Rationale & Surveillance

• Rationale: Ratings reaffirmed by ICRA on existing AA(Stable)/A1+.
• Surveillance due within one year from rating communication date.

Meeting Details

• 14 August 2026: Mumbai investor conference by Emkay Global Financial Services; physical, one-on-one and group.
• 03 September 2026: Mumbai investor conference by Elara Capital; physical, one-on-one and group.

Purpose

• Advance intimation of upcoming investor relations interactions.

Meeting Details

• Date: July 23, 2026
• Type/Mode: group earnings conference call; virtual listen-only
• Organizer: Hosted by ICICI Securities for CIE India Q2 CY26 results

Participants

• Company management: CEO, CFO, Senior VP Strategy, Global Business Controller

Purpose

• Discuss Q2 CY26 results and related guidance; earnings conference call

Additional Notes

• Conference recording available; transcript and abridged presentation posted on company website

Meeting Details

• Date/time: 23 July 2026, 12:30 IST (09:00 CET, 15:00 HKT).
• Type/Mode: group conference call, virtual.
• Event/Organizer: Q2CY26 Results Conference Call by CIE Automotive India Limited.

Participants

• CEO; CFO; Sr. VP - Strategy; Business Controller.

Purpose

• Purpose: discuss Q2CY26 results.

Additional Notes

• Diamond Pass pre-registration for access.

Dematerialisation status and listing

• Dematerialisation requests confirmed within 15 days of receipt.
• Securities dematerialised confirmed as listed on the appropriate stock exchanges.
• Physical certificates mutilated and cancelled after verification; depository name substituted as registered owner.

AGM details

• 27th AGM held on 29 April 2026 at 3:30 p.m. IST.
• Conducted through VC/OAVM without physical presence.
• Deemed venue was the registered office.
• Cut-off date for AGM shareholders was 22 April 2026.

Voting outcome

• All resolutions were passed with requisite majority.
• 52 members, including authorised representatives, attended through video conferencing.

Ordinary business

• Adopted audited standalone and consolidated financial statements for year ended 31 December 2025.
• Approved dividend of Rs. 7 per equity share.
• Re-appointed Mr. Shriprakash Shukla as director liable to retire by rotation.

Auditors

• Ratified remuneration of Rs. 13.86 lakh for cost auditors Dhananjay V. Joshi & Associates for FY2026.

Director remuneration

• Approved Rs. 60 lakh annual remuneration for Mr. Shriprakash Shukla as non-executive director for three years.
• Approved revised remuneration for Whole-time Director Manoj Mullassery Menon, capped at Rs. 3 crore annually from 1 April 2026.

Related party transactions

• Approved material RPTs with Mahindra & Mahindra up to Rs. 25,000 million annually.
• Approved material RPTs for CIE Galfor S.A.U. with CIE Automotive S.A. for cash pooling and services.