Pricol board approves demerger of DICVS business to Pricol Autotech
Published on: June 27, 2026, 3:42 p.m. | Source: scanx.trade
Pricol Limited has approved the demerger of its Driver Information & Connected Vehicle Solutions (DICVS) business to Pricol Autotech Limited to create two focused business platforms. The DICVS business reported a turnover of ₹2,424.63 crores for FY26. Shareholders of Pricol Limited will receive one share of Pricol Autotech Limited for every share held, with the resulting entity set to be listed on stock exchanges subject to regulatory approvals.
