Gabriel India Limited has informed the Exchange about Business Update Presentation on Composite Scheme of Arrangement
GABRIEL · price
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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%.
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.