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Pricol sells 100% stake in Integral Investments for Rs 2.78 crore

16 Jun 2016 Evaluate

Pricol has sold its entire shareholding in wholly owned subsidiary company -- Integral Investments for a consideration of Rs 2.78 crore. Subsequent to the aforesaid sale, Integral Investments is no longer a wholly owned subsidiary company of Pricol and no longer a part of Pricol Group.  

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 123.20
Tube Investments 2876.95
Bosch 37764.95
UNO Minda 1127.90
CIE Automotive India 485.95
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