Announced Fri, 3 Jul · 14:13 IST
62nd AGM notice on July 27 2026; final dividend Rs 5 and Rs 1000 crore QIP fundraise
Board & Shareholder Meetings View source PDF
SHRIPISTON · price
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Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹4306.90
prior close
₹4207.00
base price
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AI summary
SPR Auto Technologies (formerly Shriram Pistons and Rings) will hold its 62nd AGM on July 27, 2026 at 4 PM via video conferencing. Final dividend of Rs 5 per share proposed; total FY26 dividend Rs 10 (including Rs 5 interim already paid). Record date July 20. Director re-appointments and a big-ticket item: approval sought to raise up to Rs 1000 crore via QIP for repaying borrowings, capex and general corporate purposes.
Likely market impact
Final Rs 5 dividend plus earlier Rs 5 interim rewards shareholders; proposed Rs 1000 crore QIP fundraise may dilute equity if approved.