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Shriram Pistons & Rings to acquire Antolin group’s Indian operations

06 Dec 2025 Evaluate

Shriram Pistons & Rings has executed definitive agreement to acquire 100% shareholding in Antolin Lighting India (ALIPL), Grupo Antolin India (GAIPL), and Grupo Antolin Chakan (GACPL), a subsidiary of GAIPL. Collectively, these companies represent some of the leading providers of advanced interior solutions to the automotive industry. This acquisition, valued at around Rs 1,670 crore on a debt-free, cash-free basis, plays a key role in the company’s long-term strategy to diversify beyond the traditional ICE powertrain components. By entering the fast-growing automotive interiors segment, the company strengthens its leadership position and future-proofs its portfolio against evolving industry trends.

As part of the transaction, the company will enter into a long-term Technology Licensing Agreement with Grupo Antolin, ensuring continued access to cutting-edge technologies, global best practices, and support for new product development. This collaboration will enable the company to deliver world-class quality and innovation to its customers while seamlessly integrating Antolin’s proven expertise. The transaction is expected to be completed by January 2, 2026.

Shriram Pistons & Rings (SPR) is one of the India's oldest and most reputed industrial houses, recognized by almost all OEMs of India and several OEMs in Europe and Asia.

SPR Auto Technologie Share Price

3607.65 2.75 (0.08%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 131.95
Tube Investments 3048.15
Bosch 38138.45
UNO Minda 1178.05
CIE Automotive India 474.85
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