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Shriram Pistons & Rings Ltd is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets.
Shriram Pistons & Rings has successfully completed the full acquisition of Antolin Lighting India Pvt Ltd (T1) and Grupo Antolin India Pvt Ltd (T2), along with their step-down subsidiary, Grupo Antolin Chakan Pvt Ltd (T3). This strategic move grants Shriram Pistons 100% control over T1 and T2, making them wholly-owned...
Shriram Pistons & Rings (SPRL) has acquired 100% of Antolin Lighting India, Grupo Antolin India, and its subsidiary, Grupo Antolin Chakan, for approx. ₹1,670 Cr (€159 million). These companies are key players in automotive interior solutions. This strategic move expands SPRL's product portfolio beyond powertrain tech, significantly strengthening its footprint...
The company has announced the acquisition of a 75% stake in XYZ Corp for a valuation of ₹500 crore. This strategic move aims to enhance market presence and drive synergies in product offerings. By integrating XYZ Corp’s innovative technologies and established distribution channels, the company expects to boost operational efficiencies...
Shriram Pistons & Rings Limited (SPRL) is set to acquire 100% shareholding in Karna Intertech Private Limited for INR 50 Mn. Karna, a supplier of gravity die casting moulds essential for SPRL's piston manufacturing, recorded a revenue of INR 49.98 Mn in FY 2023-24. This acquisition aims to leverage operational...
SPR Engenious Limited (SEL), a wholly owned subsidiary of Shriram Pistons & Rings Limited (SPRL), has acquired 100% shareholding in TGPEL Precision Engineering Limited for INR 2176.3 Mn (INR 54.98 per share). This strategic acquisition aims to enhance SPRL's capabilities in precision tooling by leveraging TGPEL's expertise in manufacturing precision-engineered...