1 Min Read Shriram Pistons has launched a Qualified Institutional Placement (QIP) to raise ₹1,000 crore, with an indicative price range of ₹4,216.30–₹4,436.60 per share. The lower end of the price range represents a discount of up to 4.97% to the company's current market price. The issue is expected to result in equity dilution of 5.12–5.38%, depending on the final issue price.
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