Gabriel India: Promoter Group Shareholding Rises to 63.55% via Scheme

Anjali Singh, representing Anand Automobiles (a promoter group entity of Gabriel India Limited), disclosed the acquisition of 1 equity share. This acquisition was part of a Composite Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench-I, effective May 22, 2026. The scheme involved a merger and demerger, leading to the issuance of shares. Consequently, the aggregate shareholding of the entire promoter and promoter group in Gabriel India Limited increased from 55.02% to 63.55%. The transaction is exempt under Regulation 10(1)(d)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.