Pricol has acquired entire 15,00,000 shares of Pricol Electronics (step down wholly owned subsidiary) of Re 1 each held by Pricol Asia Pte (wholly owned subsidiary of Pricol) for operational convenience.
Pricol Electronics will henceforth be a direct wholly owned subsidiary of Pricol. Pricol Electronics was incorporated on April 11, 2023. The Company is yet to commence its business operation.
Pricol is engaged in the business of manufacturing and selling of Instrument clusters and other allied automobile components to Original Equipment Manufacturers (OEM) and replacement markets.
