Pricol Promoters to Sell 38.51% Stake in Autotech Unit to Warburg Pincus
Pricol said its board approved the sale of promoters’ entire 38.51% shareholding in Pricol Autotech Limited to Warburg Pincus.
Coimbatore-based automotive tech and precision components company Pricol Limited said on Friday that its Board had approved the sale of the entire 38.51% shareholding of Pricol’s promoters in Pricol Autotech Limited to PE major Warburg Pincus.Pricol had originally announced plans to demerge its Dri…