Pursuant to the Regulation 30(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that on March 7, 2025, Shriram Pistons & Rings Limited (SPRL or Company) has entered into a Share Purchase Agreement with existing shareholders of Karna Intertech Private Limited (Karna) to acquire 100% equity stake in Karna.