Pricol Limited (PRICOLLTD) — Corporate Action

· NSE 🔴 High Importance Neutral

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.

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About Pricol Limited (PRICOLLTD)

Automobile and Auto Components · Auto Components · Listed on NSE

Market Cap: ₹7,492.06 Cr P/E: 43.1

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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