Gabriel India JV Company Incorporated

Gabriel India Limited (Gabriel India) has announced the incorporation of its joint venture company, Faurecia Anand Seating India Private Limited (JV Co.), on October 19, 2026. This follows the Joint Venture Agreement (JVA) executed with Faurecia Automotive Seating India Private Limited (FASI). The JV Co. will see an initial aggregate investment of INR 20,00,00,000 (INR 20 Crores). Gabriel India has subscribed to 99,99,999 equity shares for INR 9,99,99,990 (INR 9.99 Crores), representing 50% less one equity share. FASI has subscribed to 1,00,00,001 equity shares for INR 10,00,00,010 (INR 10.00 Crores), representing 50% plus one equity share.