SHRIPISTONNSEShriram Pistons & Rings LimitedMediumNeutral
Announced Fri, 13 Mar · 18:40 IST

Shriram Pistons & Rings Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.

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
+2.0%1-day move
₹2930.00
prior close
₹2875.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.0-0.3+0.5+2.0+3.7+0.4+9.7+0.2+6.0+9.9+23.4+14.6+26.2
Up moveDown movePending
AI summary

Shriram Pistons & Rings Limited has received shareholder approval (on March 12, 2026) for three key corporate changes. First, the company will be renamed from 'Shriram Pistons & Rings Limited' to 'SPR Auto Technologies Limited', subject to Registrar of Companies and other regulatory filings. Second, the Object Clause of the MOA is being altered and a new Memorandum of Association adopted to align with the Companies Act, 2013. Third, a new set of Articles of Association will replace the existing AOA, which was based on the older Companies Act, 1956. The board had earlier approved these changes at its meeting on February 2, 2026.

Likely market impact

The name change and expanded business objects signal a strategic shift toward technology-focused, electronics-integrated, and software-enabled automotive solutions. Once the RoC approval is in place, the rebranded 'SPR Auto Technologies Limited' may attract investor interest aligned with modern automotive trends, though the stock will also need a new listing symbol reflecting the new name.