Pricol Limited has issued a clarification regarding incorrect information circulating on social media, specifically on X (formerly Twitter) by handles such as @REDBOXINDIA. The company categorically denies claims that it has announced the acquisition of a 100% stake in a German automotive components firm. Pricol Limited stated that the information is factually incorrect, baseless, and misleading. The company has not made any such announcement, nor has it entered into any agreement, understanding, or arrangement for the acquisition of any German automotive components company. The company affirmed its full compliance with its disclosure obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders and investors are advised not to rely on unverified information from unofficial sources and to refer only to the company's official filings on the BSE and NSE websites and its official website for authentic information.
