Shriram Pistons & Rings Limited has confirmed the timely payment of interest obligations pertaining to its listed, non-convertible debentures for both Series 1 and Series 2 instruments. The interest amount paid for Series 1 was INR 3,60,00,000/-, while Series 2 saw a payment of INR 3,62,46,578/-. The actual payment date for both series was March 30, 2026, ahead of the scheduled due date of March 31, 2026.
Interest Servicing Confirmation
Shriram Pistons & Rings Limited hereby informs stakeholders regarding the servicing of interest payments due on its outstanding Non-Convertible Debentures. This disclosure confirms that the payment obligations have been met on time for both Series 1 and Series 2 debentures, which are described as secured, rated, and redeemable instruments.
Details of Interest Payments
The following table summarizes the key details regarding the interest payment cycle:
| Particulars | Series 1 (ISIN: INE526E07015) | Series 2 (ISIN: INE526E07023) |
|---|---|---|
| Issue Size | INR 500 Crores | INR 500 Crores |
| Interest Amount Paid | INR 3,60,00,000/- | INR 3,62,46,578/- |
| Payment Frequency | Quarterly | Quarterly |
| Record Date | 16/03/2026 | 16/03/2026 |
| Due Date | 31/03/2026 | 31/03/2026 |
| Actual Payment Date | 30/03/2026 | 30/03/2026 |
The Company confirms that the interest payment for both series was successfully executed on March 30, 2026. It is noted that the actual amounts paid are gross interest figures, subject to applicable Tax Deducted at Source (TDS) adjustments.
Management Sign-Off
The compliance certification was executed by key management personnel. Mr. Pankaj Gupta, Company Secretary & Compliance Officer, and Mr. Prem Prakash Rathi, Chief Financial Officer, digitally signed the declaration on March 31, 2026, confirming adherence to the payment schedules.
Source: BSE
