Minda Corporation has acquired 1,91,40,342 Equity Shares of Pricol representing 15.70406% of the Pricol’s total issued and paid-up equity share capital. This is merely a financial investment without providing the Company any special rights in Pricol other than the rights as a shareholder of Pricol. This is an open-market transaction and no prior approvals have been obtained.
Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors and for Auto OEM's across the Globe.
