Shriram Pistons & Rings Limited

From Simple English Wikipedia, the free encyclopedia

Shriram Pistons and Rings Limited (SPR) is a company that manufactures and sells engine components, including valves, pistons, and piston rings, primarily serving the automotive sector.[1][2]

History and Growth[change | change source]

The company, with a history spanning over 50 years, was founded by Dr. Charat Ram,[3] a former president of the industry chamber FICCI (1973-1974). Presently, Mr. Krishnakumar Srinivasan holds the position of Managing Director and CEO.[4][5][6]

SPR offers services such as design, development, validation, and manufacturing for Original Equipment Manufacturers (OEMs) in India. The company operates from its Tech Centre and headquarters in New Delhi.[7][8]

Originally incorporated as Shama Pistons and Rings Ltd. in 1963, the company underwent a management change in 1972 under Dr. Charat Ram's leadership and was re-named Shriram Pistons & Rings Ltd. Over the years, SPR established technical collaborations with international entities such as KS KolBenschmidt GmbH, Germany, Riken Corporation, Japan, Honda Foundry Co. Ltd., Japan, and FUJI OOZX INC., Japan.[9][10]

Production Milestones[change | change source]

SPR achieved significant production milestones, increasing its monthly production to 2 million rings in December 2000 and 1 million engine valves in September 2005.[11] The company received the TPM Excellence Award in 2004 and the TPM Special Award in 2007 from JIPM.[12][13][14]

Legacy[change | change source]

With a legacy spanning over five decades, SPR has played a vital role in the Indian automotive industry, supplying components for various vehicles, including cars, trucks, motorcycles, and agricultural machinery.[15][16][17]

Awards and Recognition[change | change source]

SPR has received several awards and accolades in the automotive industry, including the Daimler India Commercial Vehicles award for Total Quality Management and the TPM Excellence Award.[18]

This information provides an overview of Shriram Pistons and Rings Ltd for a Wikipedia article, categorizing key aspects under relevant headlines.[19][20]

References[change | change source]

  1. www.ETAuto.com. "Shriram Pistons & Rings picks up majority stake in EMF Innovations for INR 78 cr - ET Auto". ETAuto.com. Retrieved 2023-12-29.
  2. Bhalerao, Mayur (2023-02-09). "Shriram Pistons to invest ₹222 crore in Takahata Precision India". mint. Retrieved 2023-12-29.
  3. "Dr Charat Ram passes away". Hindustan Times. 2007-05-16. Retrieved 2023-12-29.
  4. "Industrialist Charat Ram passes away". The Times of India. 2007-05-16. ISSN 0971-8257. Retrieved 2023-12-29.
  5. "Krishnakumar Srinivasan, Managing Director & CEO of Shriram Pistons and Rings". The CEO Magazine. Retrieved 2023-12-29.
  6. "In Conversation with Shriram Pistons' Krishnakumar Srinivasan". Autocar Professional. Retrieved 2023-12-29.
  7. NETWORK, LIVELAW NEWS (2023-02-22). "Luthra And Luthra Acts For Shriram Pistons & Rings Limited And Its Subsidiary SPR Engenious Limited". www.livelaw.in. Retrieved 2023-12-29.
  8. "Shriram Pistons and Rings acquires 75% in Japanese injection moulding major Takahata Precision". Autocar Professional. Retrieved 2023-12-29.
  9. www.ETAuto.com. "Shriram Pistons to acquire 75% stake in Takahata Precision through SPR Engenious - ET Auto". ETAuto.com. Retrieved 2023-12-29.
  10. "SPRL to acquire 75% shareholding in TPIL". Auto Components India. 2023-02-09. Retrieved 2023-12-29.
  11. Brains, Trade (2023-08-03). "Fundamental Analysis of Shriram Pistons & Rings - Future Plans & More". Trade Brains. Retrieved 2023-12-29.
  12. "Shriram Pistons and Rings acquires 75% in Japanese injection moulding major Takahata Precision". Autocar Professional. Retrieved 2023-12-29.
  13. Thayil, Pratiksha (2023-12-21). "Shriram Pistons Shares Locked In Upper Circuit After Takahata Precision Acquisition". NDTV Profit. Retrieved 2023-12-29.
  14. "Shriram Pistons & Rings to acquire Singapore-based EMF Innovations". The Times of India. 2022-12-16. ISSN 0971-8257. Retrieved 2023-12-29.
  15. "Block Deals Galore: 25 crore shares worth nearly ₹10,000 crore exchange hands". CNBCTV18. 2023-12-20. Retrieved 2023-12-29.
  16. www.ETAuto.com. "Shriram Pistons to acquire 75% stake in Takahata Precision through SPR Engenious - ET Auto". ETAuto.com. Retrieved 2023-12-29.
  17. "Shriram Pistons And Rings Share Price: Company Announces Bonus Share Issue | Check Stock's Past Performance And More". TimesNow. 2023-07-03. Retrieved 2023-12-29.
  18. "TPM Awards – Japan Institute of Plant Maintenance". jipmglobal.com. Retrieved 2023-12-29.
  19. "A Piece Of The Puzzle Missing From Shriram Pistons & Rings Limited's (NSE:SHRIPISTON) 28% Share Price Climb". simplywall.st. 2023-12-28. Retrieved 2023-12-29.
  20. "Sunil Singhania's Rs 326 crore stake buy drives Shriram Pistons to upper circuit". Moneycontrol. 2023-12-21. Retrieved 2023-12-29.