SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) has paid interest totaling ₹18.26 crore on its listed Non-Convertible Debentures (NCDs) for the quarter ended June 30, 2026. The payments were made on June 29, 2026, one day prior to the scheduled due date, covering Series 1 and Series 2 issuances of ₹500 crore each. This timely payment ensures debenture holders receive returns without delay, maintaining the company's compliance with debt service obligations.

The company disclosed these payments in a regulatory filing submitted to the National Stock Exchange of India Limited and BSE Limited. The disclosure was made pursuant to Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant SEBI Master Circulars dated July 11, 2025 and October 15, 2025. The interest was paid on secured, rated, redeemable, non-cumulative NCDs with a record date of June 15, 2026.

Interest Payment Details

The interest payments were processed for both Series 1 and Series 2, with the actual amounts paid varying slightly from the due amounts due to Tax Deducted at Source (TDS) adjustments. The last interest payment for both series was made on March 30, 2026. There was no change in the frequency of payments, which remains quarterly.

The reported amounts represent gross interest, and actual payments are subject to TDS where applicable. The company confirmed there was no delay in payment or change in the frequency of interest payments.

SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) has completed the acquisition of identified plant and machinery and related assets from Sunbeam Lightweighting Solutions Limited for an aggregate consideration of INR 28 Crores. The transaction, finalized on June 30, 2026, strengthens the company's piston manufacturing operations and is expected to enhance capacity and improve operational efficiencies.

The acquisition was executed pursuant to an Asset Purchase Agreement (APA) dated December 19, 2025, and an Amendment Agreement dated March 27, 2026. Sunbeam Lightweighting Solutions Limited is a wholly-owned subsidiary of Craftsman Automation Limited. The transaction was structured on a piecemeal basis, completed in tranches subject to the fulfilment of conditions precedent specified in the APA.

The consideration for the Proposed Transaction was paid in cash. The first tranche of INR 10 Crore, exclusive of applicable GST, was paid to the seller on December 31, 2025. The remaining consideration of INR 18 Crore, exclusive of applicable GST, was paid in full upon the completion of the transaction on June 30, 2026.

Transaction Details

The company stated that the proposed transaction does not qualify as a related party transaction and was undertaken on an arm's length basis. The promoter, promoter group, or group companies of SPR Auto Technologies Limited do not have any interest in the seller entity. The objective of the purchase is to strengthen and expand SPR Auto's existing piston manufacturing operations.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE526E01018/71cd2187bc0143c9.pdf