Disclosure under SEBI Takeover Regulations

Shriram Pistons & Rings Limited announced the submission of a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure was made by multiple entities and individuals, including the Deepak Shriram Family Benefit Trust. Regulation 31(4) specifically mandates promoters to disclose details of any encumbrances, such as pledges or liens, on their shares. While the announcement does not detail the specifics of the disclosure, it provides crucial information for investors regarding promoter shareholding status and potential financial obligations.