Pricol Ltd Denies Rumours of Acquiring German Automotive Components Firm

Pricol Ltd Denies Rumours of Acquiring German Automotive Components Firm

Pricol Ltd Denies Rumours of Acquiring German Automotive Components Firm​

Pricol Limited issued a statement categorically denying circulating claims found on social media regarding the acquisition of a 100% stake in a German automotive components firm.

The Company addressed a post made by the handle @REDBOXINDIA and other social media accounts on X, formerly Twitter, which claimed such an announcement had been made. Pricol Limited stated that the information is factually incorrect, baseless, and misleading.

The company confirmed that it has not made any such announcement, nor has it entered into any agreement, understanding, or arrangement concerning the acquisition of any German automotive components company.

For reliable information, Pricol Limited advises shareholders and investors to rely only on the company's official website and its filings on the BSE and NSE websites.

For reference, Pricol Limited has the following scrip codes listed with the exchanges:

ExchangeDepartmentScrip Code
National Stock Exchange of India LimitedListing DepartmentPRICOLLTD
BSE LimitedCorporate Relationship Department540293

PRICOLLTD Stock Price Movement​

Shares of Pricol Limited are edging higher to ₹572.80 as of 2:53 PM today, gaining 0.61% on the day. The stock is seeing active trading, executing on a volume of 256,861 shares.

Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top