Pricol Board approves demerger of DICVS business into Pricol Autotech

Demerger ratio announcedStrategic Transactions View source PDF Explain this filing

PRICOLLTD · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹583.00

prior close

₹598.00

announcement price

After-mkt

timing

Nifty Microcap 250market-0.3%+0.2% vs market

Auto Components & Equipments peers, median of 114sector-0.6%+0.5% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.5 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-2.2

15m

-2.4

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.3+0.2-0.6+0.5

Next day

+3.3+0.8+2.6+0.5+2.8

+5.8+0.9+4.8+0.9+4.8

+6.2+1.8+4.4+1.7+4.5

+6.7+1.5+5.2+1.8+4.9

+7.0+1.7+5.3+1.2+5.8

+4.4-1.1+5.5-0.3+4.7

15d

+5.3+1.0+4.3+1.4+3.9

+13.1+0.4+12.7+1.0+12.1

+39.3+6.4+32.9+4.6+34.7

+28.5+5.5+23.0+5.0+23.5

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 114Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Pricol board approved demerger of its DICVS business (Driver Information and Connected Vehicle Solutions) into Pricol Autotech Limited. DICVS contributed Rs 2,424.63 crores, about 61% of FY26 consolidated turnover. Shareholders get 1 Pricol Autotech share for every 1 Pricol share held (1:1 ratio). Pricol keeps its Actuation, Control and Fluid Management Systems and Precision Products businesses. No cash involved. Pricol Autotech will list on NSE and BSE. Subject to NCLT, regulatory and shareholder approvals.

Likely market impact

Shareholders to get 1 Pricol Autotech share for every 1 Pricol share held. Subject to NCLT and other approvals. Both entities to list.