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.