BSECompany Update4 Aug 2026 · 4 Aug 2026, 07:23 pm
Details as per attachment enclosed
SPR Auto Technologies Ltd · 544344
✦ AI SummaryRegulatory
SPR Auto Technologies Ltd has been fined by the National Stock Exchange (NSE) and BSE for non-compliance with SEBI regulations, specifically Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has been asked to pay a fine of Rs. 11,800 and has been advised to strengthen its compliance monitoring mechanism to prevent future instances of non-compliance.
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Governance Concern2/10
Regulatory Risk8/10
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Liquidity Impact0/10
Market Sentiment5/10
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Full Announcement
SPR Auto Technologies Ltd - 544344 - Comments Of The Board Of Directors On The Fine Levied By The Stock Exchanges
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August 4, 2026
National Stock Exchange of India Limited (NSE) BSE Limited (BSE)
Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex Dalal Street, Fort,
Bandra (East), Mumbai 400051 Mumbai 400001
NSE Symbol: SHRIPISTON BSE Scrip code: 544344
Subject: Comments of the Board of Directors on the fine levied by the Stock Exchanges
Dear Madam/Sir,
With reference to the communication dated June 15, 2026 received from NSE and BSE
(enclosed), we hereby submit that the Board took note of the communications received from
the Stock Exchanges regarding fines levied for delay in compliance under the Regulation 29 of
the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board
reviewed the matter and advised the management to further strengthen the compliance
monitoring mechanism to ensure timely regulatory filings and prevent recurrence of similar
instances in future.
Kindly take the above information on record.
Thanking you.
Yours faithfully,
For SPR Auto Technologies Limited
(formerly Shriram Pistons & Rings Limited)
(Krishnakumar Srinivasan)
Managing Director & CEO
DIN: 00692717
Encl.: As above
NSE/LIST-SOP/FINES/0678 June 15, 2026
The Company Secretary
Shriram Pistons & Rings Limited
Dear Sir/Madam,
Subject: Notice for non-compliance with SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("Listing Regulations")
Your attention is drawn towards SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
issued on July 11, 2023 and last updated on January 30, 2026 (hereinafter referred to as "Master
Circular"), specifying Standard Operating Procedure for imposing fines and suspension of trading in
case of non-compliance with the Listing Regulations. On verification of the Exchange records, it has
been observed that your Company has not complied/delayed complied with certain Listing
Regulation(s) for the month ended May 31, 2026. The details of non-compliance(s)/delayed
compliance(s), total fine payable by your Company and the particulars about manner in which fine
should be remitted to the Exchange is enclosed as Annexure.
You are requested to inform the Promoters about identified non-compliance and to make the payment
of fines within 15 days from the date of this notice, failing which the Exchange may initiate freezing of
entire shareholding of the Promoters in the Company as well as in other securities held in the Demat
accounts of the Promoters.
Upon receipt of this review notice, the company may file the waiver request. Below are the parameters
for filing the application for waiver:
a) Waiver applications sent via mail is not considered. The Company is requested to submit waiver
application on the below mentioned path:
NEAPS>>Compliance>>Fine Waiver>>Waiver Request
b) Detailed submission indicating reasons for waiver, mentioning whether it intends to seek personal
hearing before the concerned Committee.
c) Further, compliance is a pre-requisite for applying for waiver. Thus, waiver application of the
non-complied Companies will not be processed without achieving the compliance.
d) In case the Company is non-compliant under multiple regulations, the Company is advised to file a
single application mentioning the details of all the respective regulations and quarters for which the
Company intends to apply for waiver.
e) Non-refundable Processing fees for an amount of Rs.10,000 plus 18% GST to be paid to the
designated Exchange, (as segregated between the Exchanges as per the policy for waiver of fines) only
if the fine amount is more than Rs. 5,000/- exclusive of GST.
This Document is Digitally Signed by
Sonam Yadav
Mon, Jun 15, 2026 19:59:39 IST
However, before filing an application for waiver of fines, you are requested to refer to the below policy
available on the Exchange’s website. For ready reference you may refer below link:
Policy on processing of waiver application:
https://nsearchives.nseindia.com//web/circular/2026-
01/Policy_for_waiver_of_fines_Final1_20260113193131.pdf
Further, as per Master Circular, your Company is also required to ensure that the said non-compliance
which has been identified by the Exchange and subsequent action taken by the Exchange in this regard
shall be placed before the Board in the next Board Meeting and comments made by the Board shall be
duly informed to the Exchange at the below mentioned path in NEAPS portal along with this letter for
dissemination having the announcement text as 'Board comments on fine levied by the Exchange'.
Path: NEAPS > COMPLIANCE > Announcements > Announcements/CA (Subject: Updates)
In case of any clarification, you may send an email on listingsop@nse.co.in or contact any of the below
mentioned Exchange Officers from Listing Compliance Department:
Ms. Komal Singh
Ms. Suman Lahoti
Ms. Chanchal Daga (Waiver request)
Ms. Sweety Mamodia (Waiver request)
Yours faithfully,
For National Stock Exchange of India Limited
Sonam Yadav
Manager
This Document is Digitally Signed by
Sonam Yadav
Mon, Jun 15, 2026 19:59:39 IST
Annexure
Fine amount per day/ No. of day(s) /No. of Fine amount
Regulation Month
instance (Rs.) Instance(s) (Rs.)
REGULATION 31-May-
10000 1 10000
29(2)/29(3) 2026
Total Fine 10000
GST @18% 1800
Total Fine Payable (Inclusive of GST) 11800
Notes:
• If the fine amount is paid before receipt of this letter, then inform the Exchange
accordingly.
• Please update the payment details on below mentioned path:
NEAPS > Payment > SOP Fine Payment.
• The above payment may be made vide RTGS/NEFT/Net Banking favouring 'National Stock
Exchange of India Limited'. The bank details towards the payment of fine are as follows:
BENEFICIARY
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
NAME
BANK NAME IDBI BANK LTD
Please refer Unique Account Code used for making Annual Listing
A/C NO.
fees to the Exchange
BRANCH BANDRA KURLA COMPLEX, MUMBAI
RTGS/IFSC CODE IBKL0001000
• The fine paid as mentioned above will be credited to IPFT as envisaged in the circular.
This Document is Digitally Signed by
Sonam Yadav
Mon, Jun 15, 2026 19:59:39 IST
8/4/26, 12:08 PM shrirampistons.com Mail - 544344-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued…
Sprl Ho <sprl@shrirampistons.com>
544344-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11,
2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance)
bse.soplodr <bse.soplodr@bseindia.com> 15 June 2026 at 20:15
To: "pankaj.gupta@shrirampistons.com" <pankaj.gupta@shrirampistons.com>, "sprl@shrirampistons.com" <sprl@shrirampistons.com>
Cc: "bse.soplodr" <bse.soplodr@bseindia.com>
Ref.: SOP-Review-15.06.2026
The Company Secretary/Compliance Officer
Company Name:Shriram Pistons & Rings Ltd
Scrip Code: 544344
Dear Sir/Madam,
Sub: Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on
January 30,2026 (Chapter-VII(A)-Penal Actions for Non-Compliance)
The company is advised to refer to the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and
last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance) issued by Securities and Exchange Board of India (SEBI)
with respect to penal actions for non-compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 and the Standard Operating Procedure for suspension and revocation of trading of specified securities.
The Exchange had also issued a guidance note regarding the provisions of the said SEBI circular which is disseminated on the Exchange
website at the following link:
https://www.bseindia.com/downloads1/Guidance_Note_for_SEBI_SOP_Circular.pdf
In this regard it is observed that the company is non-compliant with the following Regulations for the period mentioned below:
Applicable Regulation of SEBI Basic Fine Fines levied Fine payable by the company
(LODR) Regulations, 2015 pr
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