Announced Tue, 1 Sept, 2026 · 16:10 IST
Clarification on valuation for proposed acquisition of HL Mando Anand India stake
GABRIEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹1424.90
prior close
₹1427.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.3-1.2-1.6-5.6-4.9-3.9-2.7-4.6-5.7-2.0-8.4——
Up moveDown movePending
AI summary
Gabriel India is acquiring 28.99% (4,81,34,427 shares) of HL Mando Anand India (HMAI) from its promoter Asia Investments Private Limited. Consideration is partly via preferential issue of 1,44,04,204 Gabriel India shares plus balance in cash. The company clarified that the joint valuation by KPMG and BDO is based on audited FY26 financials, with no change in exchange ratio or deal terms approved earlier.
Likely market impact
Clarification removes uncertainty over deal valuation. No change in exchange ratio or terms, so the transaction proceeds as approved. Positive clarity for shareholders.