Gabriel India Limited has informed the Exchange about Copy of Newspaper Publication in the matter of Composite Scheme of Arrangement before the Hon'ble NCLT.
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Gabriel India Limited has informed the stock exchanges about newspaper advertisements published on April 10, 2026 in Business Standard (English) and Navshakti (Marathi) regarding a Composite Scheme of Arrangement involving three companies. The scheme has two parts: Part C is the merger of Anchemco India Private Limited (formerly Andasia Private Limited) into Asia Investments Private Limited, and Part D is the demerger of an undertaking of Asia Investments Private Limited into Gabriel India Limited. The NCLT Mumbai admitted the joint company petition on March 23-24, 2026 and has scheduled the final hearing for April 24, 2026. The filing is being made under Regulation 30 of the SEBI Listing Regulations and Sections 230-232 of the Companies Act, 2013.
This is a procedural/regulatory update with no immediate financial impact. Shareholders should note that the NCLT final hearing is approaching on April 24, 2026 — if approved, the scheme would result in a demerger of an undertaking from Asia Investments into Gabriel India, potentially expanding its business operations.