5057142026-07-225057142026-07-222026-07-225057142026-07-22in-capmkt:FinancialYear1Member5057142026-07-22in-capmkt:FinancialYear2Member5057142026-07-22in-capmkt:FinancialYear3Member5057142026-07-222026-07-22in-capmkt:FinancialYear1Member5057142026-07-222026-07-22in-capmkt:FinancialYear2Member5057142026-07-222026-07-22in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pure505714Gabriel India LimitedGABRIELNOTLISTEDINE524A01029NewAcquisition (including agreement to acquire)true2026-07-2117:00:002026-07-22Gabriel India LimitedListed Entity (self)HL Mando Anand India Private Limited54250000000388000000017390000000true2026-07-212026-07-21true2026-08-19falsetrueThe Target Entity operates in the Automotive Components (Auto Ancillary) Industry and is engaged in the manufacture and sale of automotive components and systems, including steering systems, braking systems and suspension systems (shock absorbers) for passenger vehicles, catering primarily to automotive OEMs in India and overseas markets.Gabriel India Limited intends to acquire the shareholding held by Asia Investments Private Limited in HL Mando Anand India Private Limited ("HMAI"). HMAI is a leading automotive components company engaged in the manufacture and sale of steering systems, braking systems and suspension systems (shock absorbers) for passenger vehicles. The acquisition will strengthen Gabriel India Limited's presence in the automotive components sector, enhance its product portfolio and create long-term value through operational, technological and business synergies. The proposed acquisition is a strategic step towards positioning Gabriel India as the ANAND Group's growth vehicle and business consolidation platform for the automotive components sector, thereby enhancing long-term stakeholder value.NAfalseWithin 1 year of shareholders’ approval i.e. between the ensuing 64th Annual General Meeting up to the 65th Annual General Meeting to be held in financial year 2027-28 as per the provisions of the Regulation 23 (4) of the Listing RegulationsCash and Shares355:10003500000000The consideration for the aforesaid acquisition shall be discharged by the Company as follows: a. By way of issue and allotment of 1,44,04,204 (One Crore Forty Four Lakhs Four Thousand Two Hundred and Four) equity shares of the Company having face value of INR 1 (Indian Rupees One Only) each fully paid-up to Asia Investments Private Limited on a preferential allotment basis, at an issue price of INR 1,305.89 per equity share aggregating to INR 18,81,03,05,962/- (Indian Rupees One Thousand Eight Hundred and Eighty One Crores Three Lakhs Five Thousand Nine Hundred and Sixty Two Only) as mentioned aforesaid; and b. The balance consideration of INR 3,50,00,00,953/- (Indian Rupees Three Hundred and Fifty Crore Nine Hundred and Fifty Three Only) discharged by way of cash consideration.2231030000000.2899HL Mando Anand India Private Limited is a leading automotive component manufacturer in India engaged in the manufacture and sale of steering systems, braking systems and suspension systems for passenger vehicles. The company is a joint venture between HL Mando Corporation, Korea (71.01%) and Asia Investments Private Limited (28.99%), part of the Anand Group. For FY 2024-25, the company reported a turnover of approximately ₹5,425 crore, net worth of ₹1,739 crore, and profit after tax of ₹388 crore, with total assets of ₹2,759 crore. The company supplies major OEMs in India and also exports automotive components to overseas markets.2006-11-292024-2025542506000002023-2024518804000002022-202348378400000India