Joint Venture31 Oct 2025, 05:31 pm
Gabriel India Extends Joint Venture Agreement Closing Date with Jinos Co., Ltd.
AI Summary
Gabriel India Limited has announced an extension of the closing date of the Joint Venture Agreement with Jinos Co., Ltd. and Jinhap Automotive India Private Limited. The initial closing date was October 31, 2025, but due to unfinished conditions precedent, it has been extended to December 31, 2025. This decision aims to ensure the successful completion of all necessary procedures before the effective date of the Joint Venture Agreement.
Key Highlights
- Gabriel India and Jinos Co., Ltd. have agreed to extend the closing date of their Joint Venture Agreement.
- The initial closing date was October 31, 2025, but it has been extended to December 31, 2025, due to unfinished conditions precedent.
- The extension aims to ensure the successful completion of all necessary procedures before the effective date of the Joint Venture Agreement.
- The Joint Venture Agreement involves Gabriel India, Jinos Co., Ltd., and Jinhap Automotive India Private Limited.