Investment1 Feb 2025, 04:40 pm
Pricol Ltd Divests Wiping Business Division to Auto Ignition Ltd
AI Summary
Pricol Limited has announced the divestment of its wiping business division to Auto Ignition Limited. The transaction was completed on a slump sale basis on 31st January 2025. This announcement comes in continuation to Pricol's previous communication dated 2nd January 2025.
Key Highlights
- Pricol Ltd divests wiping business division to Auto Ignition Ltd
- Transaction completed on slump sale basis
- Divestment date: 31st January 2025
- Announcement in continuation to Pricol's previous communication dated 2nd January 2025