Pricol Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 06, 2025
PRICOLLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pricol Limited held its 14th AGM on August 6, 2025 via video conference, where all 7 resolutions were transacted, including adoption of FY25 financial statements, re-appointment of Mr. Vikram Mohan as Director, appointment of M/s. Sundaram & Srinivasan as Statutory Auditors, and re-appointment of Mr. Navin Paul as Independent Director. The company reported its highest-ever consolidated revenue of INR 2,620.91 crores in FY25, with EBITDA of INR 329.53 crores and Profit After Tax of INR 167.03 crores, up from INR 140.61 crores in FY24. Market cap reached a record INR 7,298 crores, and both India Ratings and CRISIL upgraded the company's credit rating during the year. The acquisition of Sundaram Auto Components' Injection Molded Plastic Component Solutions Division via subsidiary P3L was completed on January 31, 2025.
Strong FY25 results with record revenue, profit growth, and credit rating upgrades signal financial strength, likely positive for shareholder sentiment. The successful AGM clearance of all resolutions removes governance overhang, while the strategic acquisition and technology alliance with Domino S.r.l position Pricol for continued growth in automotive components.