Showing results for "Pricol"
Minda Corp exits Pricol, sells 15.7% stake for Rs 660 crore
Minda Corp exits Pricol, sells 15.7% stake for Rs 660 crore

autherAutocar Pro News Desk calendar18 Jan 2024

The transaction translates into approximately Rs 660 crore, resulting in a profit of about Rs 160 crore.

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Minda Corp and PE investors believed to be likely sellers in Pricol's block deal: Report
Minda Corp and PE investors believed to be likely sellers in Pricol's block deal: Report

autherAutocar Pro News Desk calendar17 Jan 2024

Minda Corporation, mid-last year, announced its decision to acquire a 15.7% stake worth Rs 400 crore in rival Pricol L...

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Minda Corporation, Pricol to present arguments to CCI over stake acquisition
Minda Corporation, Pricol to present arguments to CCI over stake acquisition

By Shahkar Abidi calendar05 Jan 2024

"The communication sent by CCI has provided our company with an opportunity to represent our views on the matter," Min...

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Pricol reports consolidated revenue of Rs 562.66 crore in Q2 FY24
Pricol reports consolidated revenue of Rs 562.66 crore in Q2 FY24

autherAutocar Pro News Desk calendar08 Nov 2023

The company's Q2 FY24 EBITDA stood at Rs 69.86 crore, registering a year on year growth of 7.50%. 

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Pricol, Heilongjiang Tianyouwei Electronics partner for advanced technologies in Driver Information System Solutions
Pricol, Heilongjiang Tianyouwei Electronics partner for advanced technologies in Driver Information System Solutions

autherAutocar Pro News Desk calendar11 Oct 2023

TYW will support Pricol exclusively on the projects identified for such advance technologies in Driver Information Sys...

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Pricol Q1 net profit up 55% at Rs 32 crore
Pricol Q1 net profit up 55% at Rs 32 crore

autherAutocar Pro News Desk calendar02 Aug 2023

The company had registered a standalone profit of Rs 20.6 crore in the corresponding quarter of the previous year.

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Pricol files writ petition challenging Minda Corp's application to CCI for acquiring 24.5% stake
Pricol files writ petition challenging Minda Corp's application to CCI for acquiring 24.5% stake

autherAutocar Pro News Desk calendar25 May 2023

The Pricol management had earlier reiterated its opposition to what many claim is a "hostile takeover attempt" by fell...

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Pricol files for objection in CCI against Minda Corp
Pricol files for objection in CCI against Minda Corp

autherAutocar Pro News Desk calendar17 May 2023

Earlier this month, Minda Corporation had sought the CCI approval to increase their stake to 24.5 percent stake in riv...

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Pricol reiterates use of legal and financial measures against Minda Corp's
Pricol reiterates use of legal and financial measures against Minda Corp's "hostile takeover" attempt

By Shahkar Abidi calendar11 May 2023

The CCI is likely to examine whether the initial acquisition of 15.7% was purely a financial investment or a strategic...

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Pricol reports 75.3% jump in net profit at Rs 29.80 crore in Q4FY23
Pricol reports 75.3% jump in net profit at Rs 29.80 crore in Q4FY23

autherAutocar Pro News Desk calendar10 May 2023

The company's revenues from operations stood at Rs 509.69, a jump of 23.8% versus revenues of Rs 415.80 crore, in the ...

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MOST READ

POLL OF THE MONTH

Will Income Tax Cuts Boost Sales of Entry-Level Cars and Motorbikes?

Will Income Tax Cuts Boost Sales of Entry-Level Cars and Motorbikes?

Yes

 

67.80%

No

 

32.20%

Total Votes : 118