NSEQualified Institutional Placement20 Aug 2026 · 20 Aug 2026, 08:53 pm

Qualified Institutional Placement

SPR Auto Technologies Limited · SHRIPISTON

✦ AI SummaryFundraise

SPR Auto Technologies Limited has completed a qualified institutional placement of equity shares at ₹4,280 per share, with 23,36,448 shares allocated to qualified institutional buyers at a discount of ₹158.20 per share.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment6/10

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Full Announcement

SPR Auto Technologies Limited has informed the Exchange about qualified Institutional Placement that Finance and Investment Committee approved the items as per the enclosed attachment.

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SHRIPISTON_20082026205242_Outcome20082026FINAL.pdf

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August 20, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relations Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block, Dalal Street Bandra Kurla Complex Fort, Mumbai 400 001 Bandra (East), Mumbai 400051 Maharashtra, India Maharashtra, India Scrip Code: 544344 Symbol: SHRIPISTON Dear Madam/ Sir, Ref: Qualified institutions placement of equity shares of face value of ₹10 each (the “Equity Shares”) to eligible qualified institutional buyers by SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) (the “Company”) under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 42 and 62 of the Companies Act, 2013 (including the rules made thereunder), each as amended (the “Issue”). Sub: Outcome of meeting of Finance and Investment Committee of Board of Directors held today i.e. August 20, 2026 In continuation of our previous letter dated August 17, 2026 on the captioned subject, we wish to inform you that the Finance and Investment Committee at its meeting held today i.e. August 20, 2026 has, inter alia, passed the following resolutions: a. Approved the closure of the Issue today (i.e. August 20, 2026) pursuant to the receipt of application forms and the funds in the escrow account from the eligible qualified institutional buyers (“QIBs”) in accordance with the terms of the Issue; b. Determined and approved the allocation of 23,36,448 Equity Shares at an Issue price of ₹4,280.00 per Equity Share which is at a discount of ₹158.20 per Equity Share i.e. 3.56% to the floor price of ₹4,438.20 per Equity Share, in accordance with the SEBI ICDR Regulations (including a premium of ₹4,270.00 per Equity Share) upon the closure of the Issue, determined according to the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the QIBs in the Issue; c. Approving and adopting the placement document dated August 20, 2026 in connection with Issue; and d. Approved and finalized the confirmation of allocation note to be sent to Eligible QIBs, intimating them of the allocation of Equity Shares pursuant to the Issue. The Issue was opened on August 17, 2026 and same was intimated to you pursuant to our letter dated August 17, 2026. In this regard, we will file the placement document dated August 20, 2026 with the BSE Limited and National Stock Exchange of India Limited today. The meeting of the Finance and Investment Committee commenced at 8:30 PM and concluded at 8:45 PM. A copy of the placement document dated August 20, 2026 is being made available on the website of our Company at https://shrirampistons.com. We request you to kindly take the same on record, and the same be treated as compliance under the applicable regulations of the Securities and Exchange Board of India (Listing Obligations Disclosure Requirements) Regulations, 2015, as amended. Thanking you Yours faithfully For SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) (Krishnakumar Srinivasan) Managing Director & CEO DIN: 00692717