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Shriram Pistons raises Rs 1,000 crore for Antolin buy

Shriram Pistons and Rings raised Rs 1,000 crore via 18- and 24-month NCDs from mutual funds to partly finance its Rs 1,670-crore acquisition of Grupo Antolins India entities. The deal diversifies SPRL into automotive interiors, reducing EV transition risks and strengthening its business profile.

27 Feb 2026 9:21 pm