Pricol’s Rights Offering

Khaitan & Co. advised Pricol Limited on the offering.

Pricol allots 2,70,84,777 rights equity shares.

Pricol Limited manufactures a variety of automotive components and accessories. The Group’s products include dashboard instruments, disc brakes, speedometer cables, sensors, oil pumps, industrial gauges, wind shield washers, handlebar switches, gear components, and hand and power presses.

The Khaitan & Co team consisted of Executive Director Sudhir Bassi (Picture), Gautham Srinivas (Partner), Sathvik Ponnappa (Senior Associate) and Sai Saket Rachakonda (Associate).

Involved fees earner: Sudhir Bassi – Khaitan & Co.; Sathvik Ponnappa – Khaitan & Co.; Sai Saket Rachakonda – Khaitan & Co.; Gautham Srinivas – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Pricol Limited;

Author: Michael Patrini