Shriram Pistons & Rings Limited has informed the Exchange about General Updates :1) Appointment of Independent Director on the Board of Material Subsidiary2) Took note of the change of name of the step-down Subsidiary Company
SHRIPISTON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 13.5 pts more than Nifty Microcap 250 and 13.7 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations rose to Rs. 3,17,951 lacs (vs Rs. 2,95,372 lacs in FY24), with profit after tax at Rs. 49,780 lacs (vs Rs. 44,678 lacs). Consolidated revenue grew to Rs. 3,54,983 lacs and PAT to Rs. 51,556 lacs (vs Rs. 43,866 lacs). A final dividend of Rs. 5 per share was recommended, taking total FY25 dividend to Rs. 10 per share (interim Rs. 5 already paid). Independent Director Mr. Shinichi Unno resigned and Mr. Akihiro Ozaki was appointed in his place. Step-down subsidiary TGPEL Precision Engineering was renamed to SPR TGPEL Precision Engineering. Karna Intertech was acquired for Rs. 500 lacs as a new wholly-owned subsidiary.
Clean audit with unmodified opinion, healthy revenue and profit growth on a consolidated basis, and a steady Rs. 10 total dividend should be viewed positively by shareholders. Record date is July 25, 2025 for dividend eligibility.