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Shareholding18 Sept 2026, 10:25 am

Gabriel India: Asia Investments Pvt Ltd Acquires 1.44 Cr Shares via Preferential Allotment

AI Summary

Gabriel India Limited has announced the preferential allotment of 1,44,04,204 equity shares to Asia Investments Private Limited. This transaction increases Asia Investments' shareholding in Gabriel India. The filing is made under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total equity share capital of Gabriel India before the acquisition was 17,72,30,023 shares, and after the acquisition, it stands at 1,91,634,227 shares.

Key Highlights

  • Asia Investments Pvt Ltd acquired 1,44,04,204 equity shares.
  • The acquisition was made on a preferential allotment basis.
  • This filing is in compliance with SEBI (SAST) Regulations, 2011.
  • Post-acquisition, Asia Investments' shareholding is 46.98%.
  • The total equity share capital of Gabriel India has increased.