Pricol has executed a Business Transfer Agreement (BTA) with Suprajit Engineering, Bangalore for sale of company’s Automotive Speedo Cable Business (a non-core business) which had estimated annual sales of Rs 100 million, on a slump sale basis.
Pricol is engaged in the manufacture and export of a complete range of automotive components starting from instrument clusters, dashboard meters, fuel sensors, oil pressure switches, speedometer drive cables, fuel cut off valve, filter suction, etc.