Gabriel India Expands via Strategic Merger & Demerger

  Published 1 year ago

Gabriel India acquires AIPL's automotive units via merger, expanding into brake fluids, adhesives, and EV components to boost growth and diversify operations.

  • Gabriel issues 1,158 shares for every 1,000 AIPL shares; requires shareholder, creditor, and NCLT approvals within 10-12 months.
  • Adds brake fluids, DEF, adhesives, and strategic investments in Dana Anand, Henkel ANAND, and ANAND CY Myutec.
  • Promoter stake rises to 63.53%; targets Rs. 50,000 crore revenue by 2030 through diversified mobility solutions.

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