For the purpose of determining the shareholders of the Asia Investments Private Limited who shall be entitled to receive shares of the Company pursuant to the Scheme
GABRIEL · price
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Gabriel India Ltd has fixed May 29, 2026 as the Record Date for determining which shareholders of Asia Investments Private Limited will be entitled to receive shares of the Company. This is part of a NCLT-sanctioned Composite Scheme of Arrangement that involves: (1) amalgamation of Anchemco India Private Limited into Asia Investments Private Limited, and (2) demerger of the Demerged Undertaking from Asia Investments into Gabriel India (the Resulting Company). The Company received certified copies of the NCLT orders from May 11 and May 19, 2026 sanctioning the Scheme. The securities are listed under ISIN INE524A01029.
This is a positive development for Gabriel India as it will receive a demerged undertaking. Shareholders of Asia Investments Private Limited will receive shares in Gabriel India as consideration for the demerger, diluting existing shareholder stakes proportionally.