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India

Shriram Piston & Rings, India creates new company to diversify product portfolio

On September 27, Shriram Piston & Rings Limited announced that it has created a new wholly owned subsidiary company in the name of “SPR Engenious Limited”. The authorized share capital of the new company is INR 5 million.  It has taken a strategic call to diversify its existing product portfolio in new areas related ....

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