Shriram Pistons & Rings Limited — Others, 07-05-2025: Change in Auditors

Shriram Pistons & Rings Limited has announced a board meeting approving the financial results for the quarter and financial year ended March 31, 2025, and declared a final dividend of Rs. 10 per share (including Rs. 5 interim paid), subject to shareholder approval. Mr. Shinichi Unno resigned as Independent Director, replaced by Mr. Akihiro Ozaki as Non-Executive Independent Director, pending approval. Directors Klaus Semke and Meenakshi Dass were re-appointed, also subject to consent. The company appointed APAC & Associates LLP and Chandra Wadhwa & Co. as Secretarial and Cost Auditors. It acquired Karna Intertech Pvt Ltd as a wholly-owned subsidiary. The subsidiary SPR TGPEL Precision Engineering Limited was renamed SPR TGPEL Precision Engineering Limited. The Annual General Meeting will be held via video conferencing. Audit Reports were issued with unmodified opinions.