Shriram Pistons & Rings Limited — JV/Acquisition, 08-01-2026: Acquisition

Shriram Pistons & Rings has successfully completed the full acquisition of Antolin Lighting India Pvt Ltd (T1) and Grupo Antolin India Pvt Ltd (T2), along with their step-down subsidiary, Grupo Antolin Chakan Pvt Ltd (T3). This strategic move grants Shriram Pistons 100% control over T1 and T2, making them wholly-owned subsidiaries, with T3 becoming a step-down subsidiary. The completion significantly strengthens the company's operational footprint and market presence in the automotive components sector. Financial valuation details were provided in an earlier announcement.