Gabriel India Limited has informed the Exchange about approval of Scheme of Arrangement by its Board of Directors at its meeting held on June 30, 2025
GABRIEL · price
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Gabriel India Limited's board has approved a Composite Scheme of Arrangement involving the amalgamation of Anchemco India Private Limited into Asia Investments Private Limited, followed by a demerger of the Automotive Undertaking from Asia Investments into Gabriel India. The share exchange ratio is 1158 equity shares of Re. 1 each of Gabriel India for every 1000 equity shares of Rs. 10 each held in Asia Investments. Post-scheme, the promoter shareholding will rise from 55% to 63.53%, while the public holding will dilute from 45% to 36.47%, expanding total shares from 14.36 crore to 17.72 crore. The scheme aims to transform Gabriel India from a single-product (suspension) company into a diversified mobility solutions provider, adding drive train products, EV transmissions, body-in-white, NVH solutions, brake fluids, coolants, and adhesives. Valuations were done by KPMG and BDO, with ICICI Securities providing a fairness opinion. The transaction is a related party deal, being Asia Investments the holding company of Gabriel India, but conducted at arm's length.
This scheme positions Gabriel India as a diversified auto components player, reducing its dependence on suspension products and unlocking new revenue streams in EVs, railways, and aftermarket segments. Shareholders should note EPS accretion is expected, but promoter holding will increase, with public shareholding diluting from 45% to 36.47%.