ALPHA TRIBE

Pricol LimitedImportant, 30-01-2025: Updates

30-01-2025 | 06:54 pm

Pricol Limited has updated on its investments and corporate guarantees regarding its subsidiaries. The company has invested ₹120 Cr in Pricol Precision Products Private Limited, which is a wholly-owned subsidiary, bringing its total paid-up equity share capital to ₹120.15 Cr. Additionally, Pricol has provided a corporate guarantee of ₹230 Cr to support the credit facilities of Pricol Precision Products. The company also invested ₹3 Cr in PQSI Digital Private Limited. These strategic investments demonstrate Pricol's ongoing commitment to enhancing its subsidiaries' capabilities and financial support, indicating a positive outlook for its operational growth and market positioning.

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