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PRICOL LTD. - Clarification sought from Pricol Ltd
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12 Dec 2014
The Exchange has sought clarification from Pricol Ltd with respect to disclosure dated December 12, 2014 titled &quot;Acquisition of Auto Component manufacturing Company in Brazil, through a Wholly Owned Subsidiary Company of Pricol Ltd&quot;&lt;BR&gt;&lt;BR&gt;With reference to the Board of Directors&apos; proposal to acquire 99.99% stake in a Brazil Company, the Company has been requested to provide the following clarification to the Exchange in terms of Clause 36 of the Listing Agreement:&lt;BR&gt; &lt;BR&gt;1. Names of the parties to acquisition&lt;BR&gt;1. Estimated cost of acquisition&lt;BR&gt;3. Nature of consideration&lt;BR&gt;4. Whether the said acquisition would fall under related party transactions&lt;BR&gt; &lt;BR&gt;The reply is awaited.
View all announcements for PRICOL LTD. Source: BSE India