Pricol Limited (PRICOLLTD) — Corporate Action
Pricol Limited announced a demerger of its Driver Information & Connected Vehicle Solutions (DICVS) business into a new listed entity, Pricol Autotech Limited, via a 1:1 share exchange effective 27 June 2026. Shareholders will receive one new share in Pricol Autotech for each existing Pricol share, creating two independent listed companies. The DICVS segment contributed 61.17% of consolidated turnover (INR 2,424.63 crores) in FY2025-26. Post-demerger, promoter shareholding will reduce to 38.51% from 100%, while public holding remains at 61.49%. The move aims to enhance strategic flexibility, operational efficiency, and unlock value for both entities, subject to regulatory approvals.
About Pricol Limited (PRICOLLTD)
Automobile and Auto Components · Auto Components · Listed on NSE
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📊 More PRICOLLTD filings
- share transfer — 3 July 2026 Pricol Limited confirmed through its RTA that securities dematerialized in Q1 FY2026 were accepted b...
- Financial Results — 24 June 2026 Pricol Limited announced that its trading window will close on 1 July 2026 and remain closed for 48 ...
- 🟡 Board Meeting — 14 May 2026 Pricol Limited announced board meeting outcomes including Vanitha Mohan's resignation as Chairman ef...
- 🟡 Board Meeting — 14 May 2026 No summary available
- 🟡 Board Meeting — 14 May 2026 Pricol Limited announced board meeting outcomes including Vanitha Mohan's resignation as Chairman ef...
🔥 Also filed on 27 June 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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