Shriram Pistons & Rings has completed the acquisition of 100% equity ownership in Antolin Lighting India Private Limited and Grupo Antolin India Private Limited, along with an indirect acquisition of nearly the entire equity stake in Grupo Antolin Chakan Private Limited, the company informed stock exchanges on January 8, 2026.
In a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company said the acquisition was completed pursuant to a Share Purchase Agreement executed with Grupo Antolin-Irausa SA and Grupo Antolin Ingenieria SA, as previously disclosed on December 5, 2025 .
As part of the transaction, Shriram Pistons & Rings acquired 90 lakh equity shares, representing 100% of the paid-up capital of Antolin Lighting India Private Limited, and 15.19 crore equity shares, representing 100% ownership of Grupo Antolin India Private Limited. The company also indirectly acquired approximately 99.99% equity stake in Grupo Antolin Chakan Private Limited, with the remaining balance acquired directly, completing full control of the entity .
Following the completion of the acquisition, Antolin Lighting India Private Limited and Grupo Antolin India Private Limited have become wholly-owned subsidiaries of Shriram Pistons & Rings. Grupo Antolin India Private Limited has also been classified as an unlisted material subsidiary under SEBI Listing Regulations, while Grupo Antolin Chakan Private Limited has become a step-down subsidiary of the company .
The company stated that all other terms and disclosures related to the acquisition remain unchanged from its earlier intimation and confirmed that the disclosure has been uploaded on its website for investor reference .
