EL7.AI
Mergers & AcquisitionsMedium•13 November 2026•
1 min read

Warburg Pincus to Acquire 38.5% Stake in India's Pricol Autotech for ₹1,663 Crore

Key Facts

1Warburg Pincus agreed to buy a 38.51% stake in Pricol Autotech Ltd for up to ₹1,663.07 crore.
2Warburg Pincus will make a mandatory open offer to acquire an additional 26% stake from public shareholders.

Warburg Pincus agreed to buy a 38.51% stake in Pricol Autotech Ltd for up to ₹1,663.07 crore. The Times of India reported that the private equity firm will also make a mandatory open offer to acquire an additional 26% stake from public shareholders. The transaction is being executed through Topaz Terrace Investments BV, an affiliate of Warburg Pincus, which is acquiring the stake from the Mohan family.

The deal is part of a strategic investment in the Indian automotive sector and remains subject to a proposed demerger and regulatory approvals. Pricol Autotech is set to house the driver information and connected vehicle solutions business, which reported revenue of approximately ₹2,400 crore in FY26. This investment follows economic data from India showing an annual inflation rate of 6.09% on November 12, 2026, and a trade deficit of $39.88 billion on November 13, 2026.