Board of Pricol approves execution of share purchase agreement
Mumbai, Nov. 14 -- The Board of Directors of Pricol at its meeting held on 13 November 2026, has approved the execution of a share purchase agreement (Share Purchase Agreement) amongst Topaz Terrace Investments (an affiliate entity of Warburg Pincus LLC) (Acquirer), the following members of the promoter and promoter group of the Company namely, Vijay Mohan, Vikram Mohan and Vanitha Mohan (Promoters), and Viren Mohan, Manasa Mohan, Madhura Mohan, Pricol Holdings Private , Pricol Engineering Industries, Shrimay Enterprises and Pricol Logistics (collectively, the Sellers), the Company and Pricol Autotech (Pricol Autotech), in relation to the proposed sale of an aggregate of 4,69,34,833 equity shares corresponding to 38.51% of the paid-up equ...
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