Shriram Pistons & Rings Ltd. announced the successful fulfillment of its payment obligations regarding its Commercial Papers (CPs). The company fully redeemed CPs totaling Rs. 10,000 Million on the scheduled due date of February 24, 2026. This action confirms the company’s robust liquidity management and adherence to its debt servicing schedule, as disclosed in compliance with financial reporting requirements.
Confirmation of Commercial Paper Redemption
Shriram Pistons & Rings Limited formally communicated the complete redemption of its outstanding Commercial Papers (CPs). The total value of the redeemed CPs amounted to Rs. 10,000 Million.
This action was executed precisely on the maturity date, signifying the successful settlement of the company’s payment obligation related to these short-term debt instruments.
Key Redemption Details
The specific details pertaining to the redeemed instruments are summarized below:
| ISIN | Due Date | Payment Date | Nature of Payment |
|---|---|---|---|
| INE526E14086 | February 24, 2026 | February 24, 2026 | Payment of Maturity Value |
The Company Secretary & Compliance Officer, Pankaj Gupta, confirmed that this information has been placed on the Company’s official website for public reference. This announcement serves to inform all stakeholders that the debt instrument has been fully retired on schedule.
Source: BSE
