Shriram Pistons & Rings Limited announced the issuance and allotment of Commercial Papers aggregating to ₹10,000 Million (1000 Crore) on a private placement basis on December 24, 2025. The Commercial Paper has a face value of ₹5,00,000 per security and was issued at ₹4,94,589.50 per security. The instrument has a tenure of 62 days, with a maturity date of February 24, 2026. The coupon/interest rate offered is 6.3704%, and the yield rate is 6.4401%. The Commercial Papers are proposed to be listed on the National Stock Exchange of India Limited (NSE). Axis Bank Limited is the issuing and paying agent. This issuance is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.