Pricol has received in-principle approval for the merger of Xenos Automotive, a company engaged in Automotive Accessories, in which the Promoters of Pricol hold a majority of the Shares, subject to the approval of Shareholders, Secured Creditors and Honorable High Court, Chennai. The company’s board meeting held on December 16, 2013 has approved for same.
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.
