Pricol demerger: Board approves plan to carve out key business into Pricol Autotech; here's what investors will get

As per the NSE filing, Pricol Limited will be demerged into the company and Pricol Autotech, subject to the receipt of all the necessary approvals from the market regulators, stock exchanges, the National Company Law Tribunal, and existing shareholders.

After the demerger, the resulting company, Pricol Autotech, is proposed to be listed on the benchmark stock exchanges, BSE and NSE, subject to the necessary approvals, and the shareholders will receive shares in the new entity as per the agreement.

Pricol shares are set to be in focus of the stock market investors on Monday, June 29, after the board approved the demerger of its key business. NSE data showed that the company’s shares closed 0.44% lower at ₹586.70 after Friday’s trading session, compared to ₹589.30 at the previous close.

How many Pricol Autotech shares will investors get?

All eligible and existing shareholders of Pricol Ltd will receive one fully paid-up equity share of Pricol Autotech, which holds a face value of ₹1 apiece, for every share they own in the company.

The shareholders will be eligible for the 1:1 ratio demerger up to 24 hours ahead of the company's pre-determined record date of the corporate action.

The company will inform shareholders about the record date of the corporate action, along with details of the public listing of Pricol Autotech, in due time.

“We believe this is the right time for each business to operate independently with dedicated leadership, sharper strategic focus and greater operational agility,” said Vikram Mohan, Chairman & Managing Director, Pricol Limited.

DICVS brings in over 61% of total revenue

Pricol’s Driver Information & Connected Vehicle Solutions (DICVS) business brings in 61.17% or ₹2,424.63 crore of the total consolidated turnover or top-line revenue as of the fiscal year ended 2025-26.

According to the consolidated financial statements of the year ended 2025-26, Pricol’s total revenues stood at ₹4,052.37 crore for the fiscal period, with ₹3,963.85 crore from core operations.

Pricol’s DICVS business focuses on providing smart mobility and integrated electronic solutions, making integrated infotainment systems, advanced e-cockpit solutions, connectivity solutions such as telematics, battery management systems, etc.

With this service, the company caters to a wide range of clients in the automotive sector, including selling their products to two-wheeler, three-wheeler, passenger vehicle, commercial vehicle, off-highway vehicle, and tractor clients.

After the demerger into two separate platforms, Pricol Ltd will continue to focus on its Actuation, Control & Fluid Management Systems and Precision Products businesses.

This move comes as the company aims to simplify the group's corporate structure while enabling each business to sharpen its focus in operations.

Pricol share price trend

Pricol shares have delivered more than 500% returns to investors in the last five years, and over 150% gains in the last three-year period, according to NSE data. The company’s stock has risen by around 31% in the past one year, as per the exchange data.

However, so far in the calendar year 2026, Pricol shares have lost 11.7%, but the stock has gained 3.7% in the last one month, and was trading 4.2% higher over the last five market sessions.

Pricol stock surged to its 52-week high of ₹694.20 on January 5, 2026, while the 52-week low was at ₹415.10 on August 11, 2025, as per the exchange data.

NSE data also showed that the company’s market capitalisation (m-cap) was at ₹7,105 crore as of the stock market close last week on Thursday, June 25, 2026. The equity markets remained closed for a scheduled holiday on Friday, June 26.