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Pricol gets nod to raise up to Rs 100 crore via Rights Issue

04 Sep 2020 Evaluate

Pricol has received approval from board for fund raising by way of the rights issue of equity shares of Re 1 each of the company, to eligible equity shareholders of the company, of an issue size of up to Rs 100 crore. The Board of Directors of the company, at their meeting held on September 04, 2020, considered and approved the same.

Pricol is an automotive components and precision engineered products manufacturer based in Coimbatore, India.

Peers
Company Name CMP
SamvardhanaMotherson 163.80
Tube Investments 2491.20
Bosch 47238.20
UNO Minda 1198.70
Bombay Burmah Trdg. 1422.90
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