SPR Auto Technologies Outstanding NCDs Total ₹1000 Crore
SPR Auto Technologies Limited (formerly Shriram Pistons & Rings Limited) has disclosed details of its outstanding Non-Convertible Debentures (NCDs) as of September 30, 2026. The company has two series of secured, rated, redeemable, non-cumulative NCDs, each with an issuance amount of ₹500 crore, totaling ₹1000 crore. The first series (ISIN: INE526E07015) was issued on February 23, 2026, matures on August 23, 2027, and carries a coupon rate of 7.30% per annum, with interest paid quarterly and principal repaid at maturity. The second series (ISIN: INE526E07023) was also issued on February 23, 2026, matures on February 23, 2028, and has a coupon rate of 7.35% per annum, with similar payment terms. Both series have the full issuance amount of ₹500 crore outstanding.
Key Highlights
- Total outstanding Non-Convertible Debentures (NCDs) amount to ₹1000 crore.
- Two NCD series issued with coupon rates of 7.30% and 7.35% per annum.
- Interest is paid quarterly, with principal due at maturity.
- No embedded options are present in either NCD series.
- The company has provided details as per SEBI Master Circular dated October 15, 2025.
Price Impact
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