Gabriel India Limited has informed the Exchange about Retirement of Mr. Prashant Shah as the Chief Purchase Officer (CPO) of the Company with effect from the close of Business Hours today i.e. January 31, 2026
GABRIEL · price
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Gabriel India Limited has informed the stock exchange that Mr. Prashant Shah has retired as the Chief Purchase Officer (CPO) of the company, effective from the close of business hours on January 31, 2026. The CPO is classified as a Key Managerial Personnel (KMP) under the Companies Act, 2013. No successor has been announced in this filing. Gabriel India is a leading manufacturer of automotive components, particularly suspension and anti-vibration products, making the purchase function strategically important.
This is a senior operational-level transition, not a boardroom or financial leadership change. The departure of the head of procurement may cause short-term uncertainty in supply chain and vendor decisions, but is unlikely to have a material impact on stock price or long-term shareholder value.