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    ALPHA TRIBE

    Shriram Pistons & Rings Limited — Credit Ratings, 17-12-2025: Credit Rating

    17-12-2025 | 05:58 pm

    India Ratings & Research (Ind-Ra) placed Shriram Pistons & Rings' (SPRL) Long-Term Issuer Rating and existing bank loans (INR 488.92 Cr) on 'Rating Watch with Positive Implications', signaling a potential upgrade. New bank loans (INR 92 Cr) and proposed NCDs (INR 1,000 Cr) also received 'IND AA' with this positive outlook. Commercial Paper (INR 1,000 Cr) was assigned 'IND A1+'.

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