'Certificate of payment of Interest to Non-Convertible Debenture holders

Shriram Pistons & Rings Limited has informed the Exchange regarding 'Certificate of payment of Interest to Non-Convertible Debenture holders pursuant to Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. Phiroze Jeejeebhoy Towers,. listed, secured, rated, redeemable, non-cumulative, non-convertible debentures (“NCDs”).

Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.

• Instrument and amount finally raised
• Stated use of proceeds
• Whether the enabling resolution is actually used
• Eliminate Single Use Plastics by FY 2027. (management committed by FY27)
• Now that also was for partial of the year, so for this year I hope that we'll get the full year benefit. (management committed by FY27)