Anfilco acquires 18.58% in Gabriel India; Promoter stake up to 63.55%

Anfilco Limited, on behalf of Anand Automobiles (Promoter Group), has acquired 3,29,22,161 equity shares, representing 18.58% of Gabriel India Limited. This acquisition was executed through a court-approved Scheme of Arrangement sanctioned by the NCLT, Mumbai Bench, effective May 22, 2026. Consequently, the aggregate shareholding of the entire promoter and promoter group in Gabriel India Limited has increased from 55.02% to 63.55%. The transaction falls under the exemption provided by Regulation 10(1)(d)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, thus not requiring an open offer.