
Pricol Ltd Denies False Claims of Acquiring German Automotive Components Firm
Pricol Ltd has issued a clarification regarding incorrect information circulating on social media. A post by the handle @REDBOXINDIA and other social media handles claimed that Pricol Limited has announced the acquisition of a 100% stake in a German automotive components firm. However, the company categorically denies this claim, stating that the information is factually incorrect, baseless, and misleading. Pricol Limited has not made any such announcement nor has it entered into any agreement, understanding, or arrangement for the acquisition of any German automotive components company. The company is in full compliance with its disclosure obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders and investors are advised to refer only to the Company's filings on the BSE and NSE websites and the Company's official website for authentic information.
Key Highlights
- Pricol Ltd denies false claims of acquiring a German automotive components firm
- The circulating information is factually incorrect and baseless
- Pricol Limited has not made any such announcement nor entered into any agreement
- The company is in full compliance with its disclosure obligations
- Shareholders and investors are advised to refer to official company sources for authentic information
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