At meeting held on 27 January 2016
Pricol announced that the Board of Directors of the Company at its meeting held on 27 January 2016 has approved the proposal of the amalgamation of Pricol with its wholly owned subsidiary company, Pricol Pune, an auto component company with effect from 01 April 2015 (appointed date). The Board of Pricol Pune also approved the said scheme of amalgamation in their Board meeting held on 27 January 2016. Shareholders of Pricol shall be issue one equity share of face value of Re 1 each of Pricol Pune for evey one equity share of Re 1 each held in Pricol.Powered by Capital Market - Live News