Shriram Pistons & Rings Ltd

In compliance with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘SEBI Listing Regulations’), Shriram Pistons & Rings has informed that it has entered into a Share Purchase Agreement with Grupo Antolin Irausa, S.A.U. and Grupo Antolin Ingenieria, S.A.U. (collectively referred to as ‘Sellers’) in relation to direct and indirect acquisition of all outstanding shares of the following companies: 1. Antolin Lighting India (T1); 2. Grupo Antolin India (T2); and 3. Grupo Antolin Chakan (T3), a subsidiary of T2, (referred to as the ‘Proposed Transaction’). The consummation of the Proposed Transaction shall be subject to the fulfillment of closing conditions and completion of closing deliveries as stipulated under the Share Purchase Agreement. The requisite details of the Proposed Transaction, as mandated under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024, for the T1, T2 and T3 are enclosed as Annexure A. Further, the above intimation is also being uploaded on the Company’s website at https://shrirampistons.com/investors-guide-2/.