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Board of Pricol approves acquisition of PMP Auto Components

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Capital Market
Last Updated : May 31 2017 | 9:47 AM IST

At meeting held on 30 May 2017

The Board of Directors of Pricol have approved the acquisition of PMP Auto Components, India (a part of the Ashok Piramal Group). Pricol and PMP Auto Components, India have entered into an exclusive and binding agreement for Pricol to acquire the entire ownership interest in wiping systems business of PMP. The binding offer has been approved by the Board of Pricol and accepted by PMP.

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First Published: May 31 2017 | 9:26 AM IST

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