Shriram Pistons & Rings Ltd

QIP details

• Issue opened on 17 August 2026 and closed on 20 August 2026.
• 23,36,448 Equity Shares allotted at ₹4,280 per share.
• Total amount raised: ₹9,99,99,97,440.
• Discount to floor price: ₹158.20 per share (3.56%).
• Issue price includes a premium of ₹4,270 over face value.
• Floor price determined under ICDR Regulations.
• Approval by Finance and Investment Committee for issue and allotment.
• Shareholding pattern to be filed with stock exchanges.
• Allottees with >5% of issue: Abu Dhabi Investment Authority – Monsoon (7.00%).
• Prazim Trading and Investment Company Private Limited held 11.00%.
• ICICI Prudential Mutual Fund – Active Momentum Fund (7.00%).
• SBI Automotive Opportunities Fund (7.00%).
• Kotak Small Cap Fund (6.09%).
• No material deviation or change in use of proceeds disclosed.
• Type of securities: Equity Shares.
• Total number of securities: 23,36,448 Equity Shares.

QIP details

• QIP conducted to raise funds from eligible Qualified Institutional Buyers.
• Equity shares to be issued to QIBs.
• Allocation of 23,36,448 equity shares at ₹4,280 per share.
• Issue price ₹4,280; floor price ₹4,438.20; discount ₹158.20 (3.56%).
• Finance and Investment Committee approved closure, allocation, placement document, and allocation confirmation.
• Issue opened on 17 August 2026 and closed on 20 August 2026.
• Placement document to be filed with BSE/NSE on August 20, 2026.

QIP details

• Purpose: raise funds through a QIP of equity shares up to Rs 10,000 million.
• Security: Equity Shares issued through Qualified Institutions Placement.
• Offering size: up to Rs 10,000 million inclusive of any premium.
• Floor price: Rs 4,438.20 per Equity Share.
• Discount to floor price: up to 5%.
• Issue price will be determined by the Company with Lead Managers.
• Approval status: Board approval (May 11, 2026) and shareholder special resolution (July 27, 2026).
• Finance and Investment Committee approved opening date Aug 17, 2026 and related actions.
• Opening of the Issue: Aug 17, 2026; relevant date set for Aug 17, 2026.
• Trading window closed for insiders until price determination.
• Preliminary placement document to be filed with BSE/NSE today.
• Floor price determined under pricing formula per SEBI ICDR; discount up to 5% allowed.

Meeting Details

• Date: August 11, 2026; meetings concluded today.
• Type: virtual/physical one-on-one and group meetings.
• Organizer: not specified.

Participants

• Company management participants not specified in filing.

Purpose

• Purpose: investor interaction; discussions reference previously submitted presentations.

Additional Notes

• Presentations shared were those filed with exchanges and available on the company website.
• No UPSI was shared during the meetings.
• Presentations are available on the company's investor information page.

Investor meetings

• Physical one-on-one investor meetings concluded today; UPSI not shared.
• Presentations were previously submitted to exchanges and are on the company website.
• Institutions involved: Axis MF, DSP MF, Tata AIA Life, White Oak, 360 One, Breakout, Value Quest.
• No unpublished price sensitive information disclosed.

Meeting Details

• The meeting occurred on August 5, 2026 at 4:00 p.m. IST.
• It was a group earnings conference call conducted virtually.
• Organized by SPR Auto Technologies Limited as the Q1 FY27 Earnings Call.

Participants

• Key company participants include MD & CEO, Executive Director & CFO, and the moderator.

Purpose

• Discuss unaudited Q1 FY27 results and investor Q&A.

Additional Notes

• Transcript and audio recording are available on the company website.

AGM details

• AGM held July 27, 2026 at 4:00 PM via VC/OAVM.
• Scrutinizer appointed to supervise remote and on-site votes.
• Scrutinizer's report dated July 28, 2026 confirms all resolutions passed.
• Record date for voting: July 20, 2026.

Resolutions and outcomes

• Resolution 1: Ordinary — adopt standalone financial statements; passed.
• Resolution 2: Ordinary — adopt consolidated financial statements; passed.
• Resolution 3: Ordinary — declaration of dividend; passed.
• Resolution 4: Ordinary — reappointment of director by rotation; passed.
• Resolution 5: Ordinary — reappointment of director by rotation; passed.
• Resolution 6: Ordinary — remuneration of Cost Auditors; passed.
• Resolution 7: Special — payment of commission to Chairman; passed.
• Resolution 8: Special — raising funds through issuance of securities; passed.

Dividend

• Dividend declared; per-share amount not disclosed.

Directors / Chairs

• Directors retiring by rotation reappointed; subject to AGM approvals.
• Remuneration outcomes for Cost Auditors approved.

Auditors

• Remuneration of Cost Auditors for the financial year 2026-27 approved.

Fundraising and approvals

• Fund-raising through issuance of securities approved.