By Monika Singh | 18 Feb, 2023
Minda acquires 15.7% stake in Pricol; firm’s promoters say not selling shares
Noida-based auto component maker Minda Corporation on Friday informed the stock exchanges that it has acquired a 15.7% stake in Pricol for `400 crore. The transaction was executed at an average price of Rs 208.9 per share. However, Pricol denied any such acquisition. “The promoters have absolutely no intention of undertaking any secondary sale of promoter stake, nor does the company have any in...