Latest Answer: The JV envisaged total buyout of Pricol by Denso in five years and involved transfer by Pricol, of its 'Denso Technology Instrument Cluster Undertaking' relating to four-wheeler personal passenger vehicles, situated at Coimbatore and Gurgaon to Pricol Components, a wholly-owned subsidiary of Pricol. Denso acquired 51% stake in Pricol Components after the transfer.
