SPR Auto fixes July 20 record date for ₹5 dividend

1 min read     Updated on 27 Jun 2026, 03:56 PM
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SPR Auto Technologies Limited has fixed July 20, 2026, as the record date for a ₹5 final dividend for FY 2025-26, pending approval at the 62nd AGM on July 27, 2026. The company paid an interim dividend of ₹5 per share in February 2026. E-voting is open from July 24 to July 26, and shareholders must update KYC details by July 27, 2026, to ensure compliance with TDS regulations.

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SPR Auto Technologies Limited has fixed July 20, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹5 per equity share for the financial year 2025-26. The dividend, subject to shareholder approval at the 62nd Annual General Meeting scheduled for July 27, 2026, will be paid within 30 days of declaration. The company also paid an interim dividend of ₹5 per share in February 2026.

The Board of Directors approved the recommendation at its meeting held on May 11, 2026. The dividend is applicable to fully paid-up equity shares of ₹10 each. The 62nd AGM will be held through Video Conferencing and Other Audio-Visual Means (VC/OAVM) on July 27, 2026, at 4:00 p.m. IST, in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

E-Voting and Compliance

Remote e-voting will be available from July 24, 2026 (9:00 a.m. IST) to July 26, 2026 (5:00 p.m. IST). Shareholders holding shares in physical form must furnish PAN, nomination details, and bank account details to the Registrar and Transfer Agent, M/s. Alankit Assignments Limited, to receive dividend payments electronically. Those holding shares in dematerialized form must update their records with their depository participants.

Tax Deduction Rates

The company will deduct tax at source (TDS) as per the Income Tax Act, 1961. Applicable rates vary based on residency status and documentation.

Shareholder Category TDS Rate Conditions
Resident Shareholders 10% Valid PAN furnished
Resident Shareholders 20% PAN not furnished or invalid
Non-Resident Shareholders 20% + surcharge and cess Standard rate

Resident individual shareholders are exempt from TDS if the total dividend for FY 2026-27 does not exceed ₹10,000 or if their income is below the taxable limit and a valid declaration in Form 121 is submitted. Shareholders must submit tax exemption forms and declarations by July 27, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE526E01018/f596430b-720b-420d-9327-041509e39cb4.pdf

Historical Stock Returns for Shriram Pistons & Rings

1 Day5 Days1 Month6 Months1 Year5 Years
+4.45%+10.17%+23.49%+33.50%+69.01%+782.58%

How will the total dividend payout impact SPR Auto Technologies' free cash flow and capital expenditure plans for FY 2026-27?

Given the consistent dividend payments, what is the company's strategy for balancing shareholder returns with potential investments in new technologies or expansion?

How might the changes in tax deduction rates for dividends influence retail investor participation in the upcoming AGM?

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Shriram Pistons & Rings renamed SPR Auto Technologies Limited

0 min read     Updated on 25 Jun 2026, 12:50 AM
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Shriram Pistons & Rings Limited changed its name to SPR Auto Technologies Limited effective July 01, 2026. The National Stock Exchange of India notified the change via circular. The trading symbol remains SHRIPISTON.

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Shriram Pistons & Rings Limited has changed its name to SPR Auto Technologies Limited effective July 01, 2026. The National Stock Exchange of India (NSE) notified the change through a circular issued on June 24, 2026. The rebranding impacts the company's legal name while its trading symbol remains unchanged.

The exchange circular confirmed that the name change is effective from July 01, 2026. Members of the exchange were informed to update their records accordingly. The trading symbol for the entity will continue to be listed as SHRIPISTON on the NSE.

The following table details the change in nomenclature:

Sr. No. Symbol Existing Name New Name
1 SHRIPISTON Shriram Pistons & Rings Limited SPR Auto Technologies Limited

The circular, bearing reference number 1012/2026, was issued by the Listing Department of the NSE. Jeetendra Rangnani, Manager at the exchange, signed the notification on behalf of the National Stock Exchange of India Limited.

Historical Stock Returns for Shriram Pistons & Rings

1 Day5 Days1 Month6 Months1 Year5 Years
+4.45%+10.17%+23.49%+33.50%+69.01%+782.58%

What strategic rationale drove the rebranding from 'Shriram Pistons & Rings' to 'SPR Auto Technologies'?

Will the company announce a shift in its product portfolio beyond traditional pistons and rings into new auto technologies?

How does the management plan to communicate this rebranding to its global customer base and suppliers?

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1 Year Returns:+69.01%