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Pricol Pune becomes 50:50 JVC of Pricol and Johnson Controls Enterprise

27 Mar 2012 Evaluate

Pricol Pune, a former wholly owned subsidiary of Pricol, has issued equal number of equity shares as held by Pricol to Johnson Controls Enterprise on March 26, 2012 and has become a 50:50 joint venture company (JVC) of Pricol and Johnson Controls Enterprise.

Johnson Controls Enterprise is a UK based company and a wholly owned subsidiary of Johnson Controls, Inc.

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.

Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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