Shriram Pistons & Rings Limited (SHRIPISTON) — Corporate Action Announcement

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📢 Key Event
Final dividend of Rs. 5 per share proposed for FY2026, subject to AGM approval on July 27, 2026.

🔄 What Changed
Name change to SPR Auto Technologies Limited effective April 2, 2026; audited financials for Q4 FY2026 reported; fund-raising proposal approved up to Rs. 10,000 million.

🔮 What's Next
AGM scheduled for July 27, 2026; dividend approval pending shareholder vote.

💡 Investor Takeaway
Shareholders must approve the final dividend at the AGM, and the company is restructuring its name and raising capital for strategic purposes.

Shriram Pistons & Rings Limited announced a final dividend of Rs. 5 per share (50% of face value) for FY2026, subject to shareholder approval at the AGM on July 27, 2026, following an interim dividend of the same amount. The company completed acquisitions, changed its name to SPR Auto Technologies Limited effective April 2, 2026, and reported audited financial results with revenue of Rs. 44,587 million and profit before tax of Rs. 37,937 million for Q4 FY2026. The auditor issued an unmodified opinion, and the Board approved a fund-raising proposal up to Rs. 10,000 million via QIP for debt repayment and capex.

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About Shriram Pistons & Rings Limited (SHRIPISTON)

Automobile and Auto Components · Auto Components · Listed on NSE

Market Cap: ₹14,913.51 Cr P/E: 31.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Shriram Pistons & Rings Limited (SHRIPISTON) — Corporate Action Announcement

About Shriram Pistons & Rings Limited (SHRIPISTON)

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