Shriram Pistons & Rings Ltd. has announced the essential details regarding the maturity of its previously issued Commercial Paper (CP). The designated Record Date for determining eligibility for interest payment and principal redemption is February 23, 2026. The final payment of interest and the redemption of the principal amount are scheduled to occur on February 24, 2026, according to the official filing.
Commercial Paper Maturity Details Announced
Shriram Pistons & Rings Ltd. has formally intimated the necessary dates concerning the maturity and payment cycle for Commercial Paper (CP) previously issued by the company. This notification adheres to the required regulatory framework governing the issuance and listing of non-convertible securities.
Key Redemption Dates Confirmed
The primary details extracted from the announcement, which is effective as of February 17, 2026, are summarized below for the specific Commercial Paper instrument:
- ISIN: INE526E14086
- Designated Record Date: February 23, 2026. This date is crucial for identifying the holders eligible to receive the maturity proceeds.
- Interest/Redemption Payment Date: February 24, 2026. On this date, the principal amount and the accrued interest for the CP will be paid out.
This information has also been made available on the company’s official website for broader stakeholder reference. The company requests that all concerned parties take note of these critical dates for the successful closure of the CP issuance.
Source: BSE