Acquisition

August 25, 2026 National Stock Exchange of India Limited BSE Limited 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: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Investment by way of Subscription to Equity Shares Dear Madam/ Sir, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, we wish to inform you that SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) (“Company”) has, on August 25, 2026, entered into a Share Subscription Agreement (“SSA”) and a Shareholders’ Agreement (“SHA”) with Sunsure Solarpark Forty Private Limited (“Sunsure Solarpark”) and Sunsure Energy Private Limited (“Sunsure Energy”) for an aggregate investment of up to ₹6,00,00,000 (Indian Rupees Six Crore only), by way of subscription to equity shares representing approximately 23.21% of the paid-up equity share capital (on a fully diluted basis) of Sunsure Solarpark, along with other captive shareholders (if any), for the purpose of a group captive solar power project, in accordance with the Electricity Act, 2003. The Company has, simultaneously, also entered into a Power Purchase Agreement dated August 25, 2026 with Sunsure Solarpark for procurement of solar power from the aforesaid project, for the Company’s manufacturing facility at Pathredi, Rajasthan. The details required under the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time, are enclosed as Annexure A. This intimation is also being uploaded on the Company's website at https://shrirampistons.com. Kindly take the above information on record and treat this as compliance with SEBI Listing Regulations. Thanking you. Yours faithfully, For SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) (Krishnakumar Srinivasan) Managing Director & CEO DIN: 00692717 Encl.: as above ANNEXURE - A Details pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. S. Particulars Details a) Name of the target entity, details in brief such (i) Name of the Target entity: as size, turnover etc. Sunsure Solarpark Forty Private Limited (“Sunsure Solarpark”) (ii) Details of Target entity: Sunsure Solarpark is a wholly owned subsidiary of Sunsure Energy Private Limited (“Sunsure Energy”), with CIN: U35105HR2025PTC127393, and having its registered office at 1101A-1107, 11th Floor, Park Centra Sector 30, Gurgaon, Sadar Bazar, Haryana, India, 122001. Authorised share capital: ₹10,00,000 divided into 1,00,000 equity shares of ₹10 each. Paid-up share capital as on the date of execution: ₹1,00,000 divided into 10,000 equity shares of ₹10 each. Sunsure Solarpark has not yet commenced commercial operations. Turnover: Nil b) Whether the acquisition would fall within The proposed acquisition is not a related-party related party transaction(s) and whether the transaction and the promoter, promoter group and group companies of the Company have no promoter/ promoter group/ group interest in proposed acquisition. companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” c) Industry to which the entity being acquired Renewable energy and power generation industry. belongs d) Objects and impact of acquisition (including To meet the green energy needs; optimise energy but not limited to, disclosure of reasons for costs and comply with regulatory requirements for acquisition of target entity, if its business is captive power consumption under electricity laws. outside the main line of business of the listed entity) e) Brief details of any governmental or Not Applicable. regulatory approvals required for the acquisition f) Indicative time period for completion of the The proposed subscription will be completed in two acquisition; tranches in accordance with the SSA, as follows: (i) First tranche: ₹90,00,000, proposed to be invested on or before September 24, 2026, being 30 days from the execution date, subject to completion of the conditions and closing actions specified in the SSA; and (ii) Second tranche: ₹5,10,00,000, upon receipt of the Second Tranche Subscription Notice from Sunsure Solarpark, as per SSA. g) Consideration - whether cash consideration Cash consideration. or share swap or any other form and details of the same h) Cost of acquisition and/or the price at which The aggregate equity subscription amount is ₹6.00 the shares are acquired crore, payable in two tranches of ₹0.90 crore and ₹5.10 crore, based on the fair market value of the Equity Shares as per a valuation report to be obtained under Applicable Law. i) Percentage of shareholding / control The Company proposes to acquire approximately acquired and / or number of shares acquired 23.21% of the equity share capital, on fully diluted basis, of Sunsure Solarpark, subject to valuation and allotment of shares. j) Brief background about the entity acquired Sunsure Solarpark is a special-purpose vehicle in terms of products/line of business incorporated in India for the solar power project acquired, date of incorporation, history of referred to at Sr. No. (a) and (d) above. last 3 years turnover, country in which the Date of incorporation: January 8, 2025. acquired entity has presence and any other Turnover: Nil, since incorporation, as commercial significant information (in brief) operations have not commenced. Country of presence: India.