Shriram Pistons' Japanese Collaborator Riken Reorganized

Shriram Pistons & Rings discloses reorganization of Japanese technical collaborator Riken Corporation, effective April 1, 2026.
Riken Corporation renamed NPR-RIKEN Nigata Corporation; technical agreements succeeded by NPR-RIKEN Corporation under Japanese law.
NPR-RIKEN Nigata Corporation continues to hold 21.30% equity in Shriram Pistons; shareholding pattern remains unchanged.
All Technical Assistance and Collaboration Agreements now stand with NPR-RIKEN Corporation, valid until February 2028.