Shriram Pistons & Rings Ltd

No information is provided regarding the same in the latest conference call.

- The company is actively investing in growth, including capacity expansions and new plants, but does not typically disclose detailed utilization or financing specifics. - Capex plans are mostly aligned with regular business depreciation; any significant new investments, including big businesses, will be announced at the appropriate time. - The company is pursuing bigger M&A opportunities and is using surplus cash primarily for these acquisitions and nonlinear growth rather than frequent fundraising. - Recent capital raise in a subsidiary (EMF) was completed already and is reflected in Q2 results, aimed at further investments and franchise growth. - No explicit mention of any current or planned new fundraising through debt or equity in the transcript; the focus remains on using internal cash flows and strategic investments. - For any future fundraising or capital-intensive projects, the company would communicate accordingly.

- The company continues to invest regularly in existing legacy businesses, matching or exceeding depreciation levels, focusing on automation, digitization, and efficiency improvements. - A brand-new state-of-the-art EV motor and controller plant at Coimbatore has been recently commissioned and is commercially operational with significant capacity and modern equipment. - Phase 2 expansion at the SEL Pithampur, Indore facility is completed, and Phase 3 expansion is underway due to excess demand. - Planned capex for FY '26 and '27 aligns with business requirements, including investments in new and existing products. - The company is actively pursuing bigger M&A opportunities, particularly focused on ICE-agnostic segments like EVs and plastics, aimed at nonlinear growth and value accretive expansion. - Investments are also directed toward strategic collaborations and technology advancements in alternative fuel solutions and EV powertrains. - Total investments over the last 5 years, including acquisitions, exceeded INR 550 crores, reflecting a sustained growth and expansion strategy.

No information is provided regarding the same in the latest conference call.

No information is provided regarding the same in the latest conference call.