GABRIELBSEGabriel India Ltd-$HighNeutral
Announced Fri, 29 May · 10:27 IST

The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anfilco Ltd

Promoter Stake BuyOwnership Changes 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 14 horizons · vs prior close
-3.8%1-day move
₹1125.80
prior close
₹1121.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.7-0.2-0.2-3.8-4.3-6.6-10.0-11.0-6.5+7.5+13.0
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AI summary

Anfilco Limited, acting on behalf of Anand Automobiles (part of the promoter group), has disclosed acquisition of 3,29,22,161 equity shares (18.58%) of Gabriel India Limited. This acquisition resulted from a Court-approved Scheme of Arrangement involving merger of Anchemco India Private Limited with Asia Investments Private Limited and demerger of a business undertaking into Gabriel India Limited. The NCLT Mumbai Bench sanctioned the scheme on May 11, 2026, and it became effective on May 22, 2026. As a result, the aggregate promoter and promoter group holding in Gabriel India increased from 55.02% to 63.55%. The transaction qualifies for exemption under Regulation 10(1)(d)(i) of SEBI SAST Regulations as it involves intra-group restructuring.

Likely market impact

This is a regulatory filing for an already completed corporate restructuring under court approval. The increase in promoter holding to 63.55% strengthens promoter control. The shares were issued as part of a scheme of arrangement, not open market purchase, so it does not trigger open offer obligations.