Gabriel India Ltd Promoter Group Shareholding Increases Following Scheme of Arrangement
Gabriel India Limited saw an increase in its promoter group’s aggregate shareholding following the issuance of shares through a court-sanctioned Scheme of Arrangement. The transaction, which was reported on May 28, 2026, details the entry of Anjali Singh, acting on behalf of Anand Automobiles, into the shareholding structure of the company.The key transaction involved the issuance of 1 equity share, each having a face value of Re. 1/-. This issuance occurred under a Scheme of Arrangement sanctioned by the National Company Law Tribunal, Mumbai Bench-I, via an order dated May 11, 2026, under Sections 230 to 232 of the Companies Act, 2013.
With this transaction, Anjali Singh, representing Anand Automobiles, became a shareholder, holding a total of 1 equity share. This holding represents 0% of the total shareholding of Gabriel India Limited.
The share issuance resulted in a material increase in the promoter group’s consolidated stake. The aggregate shareholding of the entire promoter and promoter group increased from 55.02% to 63.55%, attributed to the shares issued under the court-approved Scheme.
The transaction detailed in the filing outlines a comprehensive Composite Scheme of Arrangement. The shares were issued to, inter alia, Anfilco Limited and Anand Automobiles (through its partners, Anfilco Limited and Anjali Singh). The share exchange ratio was specified as '1158 equity shares of ₹1 each for every 1000 equity shares of ₹10 each held in the Demerged Company.' This arrangement involved the Merger of Anchemco India Private Limited (formerly Andasia Private Limited) with Asia Investments Private Limited and the Demerger of the Demerged Undertaking from Asia Investments Private Limited with and into Gabriel India Limited.
The following table summarizes the shareholding changes reported by the acquirer.
| Detail | Entity | Pre-Transaction Holding | Post-Transaction Holding | % of Total Share Capital |
|---|---|---|---|---|
| Acquirer / Transferee | Anjali Singh (on behalf of 'Acquirer 3' / Anand Automobiles) | 0 shares | 1 share | 0% |
GABRIEL Stock Price Movement
As of 10:44 AM, shares of Gabriel India Limited are slipping by 1.00% in live trading, currently marking the stock at ₹1118. The equity is seeing a high volume of 89,747 shares, having ranged throughout the day between a low of ₹1100.1 and a high of ₹1131.9.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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