Shriram Pistons & Rings Limited — Others, 07-05-2025: Cessation

Shriram Pistons & Rings Limited has announced a board meeting where it approved the financial results for the quarter and half-year, with unqualified auditor opinions. The Board proposed a final dividend of Rs. 5 per share, subject to shareholder approval. Independent Director Shinichi Unno resigned, replaced by Akihiro Ozaki as a new Non-Executive Independent Director, pending approval. Directors Klaus Semke and Meenakshi Dass are up for reappointment. New secretarial and cost auditors were appointed for FY 2025-26. The AGM will be held via video conferencing, with the record date set. The company renamed its step-down subsidiary to SPR TGPEL Precision Engineering Limited and appointed Ms. Ferida Avnish Chopra as an Independent Director at its key subsidiary, SPR Engenious Limited.