SHRIPISTONNSEShriram Pistons & Rings LimitedHighNeutral
Announced Tue, 30 Jun · 18:44 IST

Completed INR 28 Cr piston asset purchase from Craftsman unit Sunbeam

Listed Co AcquisitionStrategic Transactions View source PDF

SHRIPISTON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.9%1-day move
₹4185.80
prior close
₹4210.00
base price
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AI summary

SPR Auto Technologies (formerly Shriram Pistons & Rings) completed its INR 28 crore asset purchase from Sunbeam Lightweighting Solutions, a Craftsman Automation unit. INR 10 crore was paid on Dec 31, 2025 as first tranche; remaining INR 18 crore paid on June 30, 2026. The deal covers plant, machinery and related assets for piston manufacturing. The acquisition aims to strengthen and expand the company's piston manufacturing capacity. Not a related party transaction; done at arm's length.

Likely market impact

Strengthens piston capacity and operational efficiency; modest INR 28 Cr deal size limits material stock impact