Anfilco acquires 0.37% in Gabriel India; promoter stake up to 63.55%

Anfilco Limited, part of the promoter group of Gabriel India Limited, has disclosed the acquisition of 6,63,919 equity shares, representing 0.37% of Gabriel India's total shareholding. This acquisition was executed through a Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench-l, under Sections 230-232 of the Companies Act, 2013, which became effective on May 22, 2026. The scheme involved a merger and demerger, resulting in the issuance of shares to Anfilco Limited. This transaction is exempt from an open offer under Regulation 10(1)(d)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Consequently, the aggregate shareholding of the entire promoter and promoter group in Gabriel India Limited has increased from 55.02% to 63.55%.