The shares of Gabriel India Limited were trading at ₹842.75 up by ₹140.45 or 20 per cent on the NSE today at noon. The shares reached their 52-week high today.

Gabriel India Limited announced a composite scheme of arrangement on June 30 that will transform the company from a single-product suspension manufacturer into a diversified automotive components supplier. The restructuring involves amalgamation of Anchemco India Private Limited with Asia Investments Private Limited, followed by demerger of AIPL’s automotive undertaking into Gabriel.

Under the scheme, Gabriel will acquire businesses manufacturing brake fluids, radiator coolants, diesel exhaust fluid, and adhesives, along with equity stakes in three joint ventures: Dana Anand India Private Limited, Henkel ANAND India Private Limited, and ANAND CY Myutec Automotive Private Limited. These ventures operate in drivetrain products, body-in-white solutions, and automotive synchronizer rings.

Gabriel will issue 1,158 equity shares of ₹1 each for every 1,000 equity shares of ₹10 held in AIPL. The transaction requires approvals from stock exchanges, National Company Law Tribunal, shareholders, and creditors, with completion expected in 10-12 months.

The move aligns with ANAND Group’s strategy to reach ₹50,000 crores revenue by 2030. Gabriel had previously diversified by adding sunroof business in 2023. The company currently operates nine manufacturing plants with 60 million units annual capacity and serves markets across 25 countries.

JM Financial advised on the transaction, while KPMG and BDO provided valuation services for the share exchange ratio.

Published on July 1, 2025