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Shriram Pistons & Rings Files Certificate for ₹10,000 Million Commercial Paper Issuance
Shriram Pistons & Rings Limited
January 14, 2026, 06:32 AM
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Shriram Pistons & Rings Limited has submitted a certificate to the National Stock Exchange of India Limited and BSE Limited regarding the issuance and allotment of Commercial Papers (CPs). This follows their earlier intimation on December 24, 2025, concerning the issuance of CPs aggregating ₹10,000 Million (approximately ₹1000 crore).
The certificate, issued by the Chief Financial Officer, confirms adherence to listing conditions and the utilization of proceeds from the Commercial Papers. The proceeds have been used as disclosed in the document dated December 22, 2025. All provisions of the relevant SEBI Master Circulars and RBI Directions have been complied with, along with the operational guidelines from FIMMDA.
The company certifies that its asset classification for all fund-based facilities remains 'Standard' and there has been no material adverse change in its financial status affecting the CP's credit rating. Furthermore, the CPs have not been invested in by related parties in either the primary or secondary market. The Commercial Paper, with ISIN INE526E14086, has a maturity date of February 24, 2026, and was listed on the debt segment of the National Stock Exchange of India Limited effective December 26, 2025.
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