Shriram Pistons & Rings Limited has informed the Exchange with copy of minutes of Postal Ballot
SHRIPISTON · price
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Shriram Pistons & Rings Limited has filed minutes confirming shareholder approval via postal ballot for three special resolutions. The company will change its name from 'Shriram Pistons & Rings Limited' to 'SPR Auto Technologies Limited'. The object clause of the Memorandum of Association has been significantly expanded to include new business areas such as electric mobility components, EV motors, battery management systems, ADAS components, precision engineering, and lightweight composites. The Articles of Association have also been replaced with a new set. All resolutions passed with overwhelming majority (over 99.76% in favor), with voting concluded on March 12, 2026.
Shareholders should note the rebranding to SPR Auto Technologies Limited reflects an expanded business scope beyond traditional pistons and rings into EV components and modern automotive technology, indicating a strategic diversification or pivot for the company.