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12 Dec 2014 | |
The Exchange has sought clarification from Pricol Ltd with respect to disclosure dated December 12, 2014 titled "Acquisition of Auto Component manufacturing Company in Brazil, through a Wholly Owned Subsidiary Company of Pricol Ltd"<BR><BR>With reference to the Board of Directors' 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:<BR> <BR>1. Names of the parties to acquisition<BR>1. Estimated cost of acquisition<BR>3. Nature of consideration<BR>4. Whether the said acquisition would fall under related party transactions<BR> <BR>The reply is awaited. | |
View all announcements for PRICOL LTD. | Source: BSE India |