GABRIELNSEGabriel India Limited· Auto AncillariesHighNeutral
Announced Mon, 30 Jun · 23:02 IST

Gabriel India Limited has informed the Exchange about Business Update Presentation on Composite Scheme of Arrangement

Listed Co AcquisitionDemerger Ratio AnnouncedMarquee Jv AnnouncedNclt Scheme FiledStrategic Transactions View source PDF

GABRIEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gabriel India has shared a Business Update Presentation detailing a Composite Scheme of Arrangement that will transform it from a single-product suspension company into a diversified mobility solutions provider. The scheme involves first merging Anchemco India into Asia Investments Pvt Ltd (AIPL), followed by demerging AIPL's automotive undertaking — including its business of Anchemco and equity stakes in Dana Anand, Henkel Anand, and Anand CY Myutec — into Gabriel India. Gabriel will issue 1,158 of its shares for every 1,000 shares of AIPL, valued at an implied EV/EBITDA of approximately 8x. The transaction is expected to be EPS-accretive by around ₹7 per share (~41% for FY25) without any leverage or cash outlay, and is projected to take 10-12 months to complete subject to NCLT, shareholder, and creditor approvals. Promoter shareholding will rise from 55% to 63.5%, while public shareholding will fall from 45% to 36.5%.

Likely market impact

This is a significant value-accretive restructuring for shareholders — it consolidates mature promoter-held JVs under Gabriel, broadens the product portfolio into brake fluids, coolants, drivetrain, BIW/NVH, and synchroniser rings, and boosts EPS meaningfully. Shareholders should watch for the NCLT approval timeline and potential dilution from the share issuance to promoter-group shareholders.