Gabriel India Limited has informed the Exchange about receipt of the certified copy of the NCLT order pursuant to the Composite Scheme of Arrangement
GABRIEL · price
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Gabriel India Limited has received the certified copy of the NCLT Mumbai Bench order dated May 11, 2026, sanctioning a Composite Scheme of Arrangement. The scheme involves two steps: (1) amalgamation of Anchemco India Private Limited (Transferor) with Asia Investments Private Limited (Transferee), and (2) demerger of the Automotive Undertaking from Asia Investments into Gabriel India Limited (Resulting Company). Under the demerger, Asia Investments shareholders will receive 1,158 equity shares of Rs. 1 each in Gabriel India for every 1,000 shares held. The appointed dates are April 1, 2025 (for amalgamation) and April 1, 2026 (for demerger). The scheme aims to transform Gabriel India from a mono-product suspension company into a diversified mobility solutions provider by consolidating automotive components including EV transmissions, brake fluids, and adhesives. Gabriel India is currently a listed subsidiary of Asia Investments.
This is a significant corporate restructuring that will expand Gabriel India's business beyond ride control products into diversified automotive components. The share swap ratio (1158:1000) indicates existing Asia Investments shareholders will receive new Gabriel India shares. The scheme remains subject to filing with the Registrar of Companies to become effective.