Shriram Pistons & Rings Limited — Board Meeting, 07-05-2025: Outcome of Board Meeting

Shriram Pistons & Rings has approved consolidated financial results showing revenue of Rs. 3,661.23 Cr and PAT rising to Rs. 151.54 Cr from Rs. 119.46 Cr last year. The Board proposed a final dividend of Rs. 5 per share (50%). Strategic moves include acquiring Karna Intertech Pvt Ltd as a wholly owned subsidiary and renaming a step-down subsidiary. Director changes feature the resignation of Mr. Shinichi Unno and appointment of Mr. Akihiro Ozaki as an Independent Director, along with re-appointments of retiring directors. Secretarial and Cost Auditors are appointed ahead of the 61st AGM, which will be held via video conference.