Pricol Limited has informed the Exchange regarding a press release dated July 15, 2025, titled "Press Release".
PRICOLLTD · price
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Pricol Limited has signed a 5-year Technology License Agreement with Italy-based Domino S.r.l, a 70+ year old specialist in motorcycle control systems. Under the deal, Pricol gains the right to manufacture, distribute and sell switches, throttles and allied handlebar control products for 2-wheeler OEMs in India and Southeast Asian markets. Pricol will pay royalty to Domino based on license usage, and the two companies will jointly decide customer requirements and specifications. The partnership is not a related party transaction and combines Domino's precision-engineering expertise with Pricol's manufacturing scale and customer network.
This is a strategic, revenue-enabling partnership that strengthens Pricol's product portfolio in the 2-wheeler component space and supports its ambition to become an integrated handlebar solutions provider. Investors may view this positively as a growth catalyst, though near-term financial impact is unclear since no revenue figures or order value have been disclosed.