Warburg Pincus to buy Pricol Autotech promoter stake for ₹1,663 crore
In short
Warburg Pincus will buy the Pricol promoter group's full 38.51% stake in Pricol Autotech for up to ₹1,663.07 crore.
It will also make a mandatory open offer for up to 26% more from public shareholders. The deal follows a planned demerger and listing of the business.
What the reporting says
Warburg Pincus will acquire the Pricol promoter group's entire 38.51% stake in Pricol Autotech for up to ₹1,663.07 crore after the planned demerger and listing of the business. It will also launch a mandatory open offer for up to another 26% from public shareholders. Pricol's DICVS business, which reported about ₹2,400 crore revenue in FY26, will sit in Pricol Autotech.
Why it matters
Warburg Pincus will acquire the Pricol promoter group's entire 38.51% stake in Pricol Autotech for up to ₹1,663.07 crore, with a mandatory open offer for up to an additional 26%. The transaction comes after the proposed demerger and listing of the business. The reported DICVS business, with around ₹2,400 crore FY26 revenue, will be housed in Pricol Autotech, making the deal relevant to auto parts investors and shareholders.