The Exchange has received the disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anjali Singh
GABRIEL · price
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Anjali Singh, on behalf of Anand Automobiles Partnership Firm, has disclosed acquisition of 1 equity share (0% of shareholding) through a Composite Scheme of Arrangement. The scheme involved merger of Anchemco India Private Limited with Asia Investments Private Limited and demerger of a business undertaking into Gabriel India Limited. The scheme was sanctioned by NCLT Mumbai Bench-I on May 11, 2026, and became effective on May 22, 2026. The transaction qualifies for exemption under Regulation 10(1)(d)(ii) of SEBI SAST Regulations. As a result, the aggregate promoter and promoter group holding in Gabriel India Limited increased from 55.02% to 63.55%.
Promoter group stake increased to 63.55%, indicating consolidation of promoter control. This is a court-approved scheme-based acquisition exempt from open offer requirements. The significant increase in promoter holding from 55.02% to 63.55% could be viewed positively by markets as it signals promoter confidence.