Meeting Details

The 64th Annual General Meeting of Gabriel India Limited was held on Wednesday, August 19, 2026, at 02:30 p.m. IST through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The deemed venue was the Registered Office at 29th Milestone, Pune-Nashik Highway, Village Kuruli, Taluka Khed, Pune-410 501, Maharashtra, India.

Cut-off Date and Voting Period

Shareholders holding shares as of the cut-off date Wednesday, August 12, 2026, were entitled to vote. The remote e-voting period commenced from Sunday, August 16, 2026, at 9:00 am (IST) and ended on Tuesday, August 18, 2026, at 5:00 pm (IST).

Resolution Outcomes

All 15 resolutions set out in the AGM Notice dated July 21, 2026, were passed by members with requisite majority:

Item 1: Adoption of Audited Financial Statements (Ordinary Resolution)

  • Voted in favour: 14,58,67,537 votes (99.9996%)
  • Voted against: 564 votes (0.0004%)
  • Total valid votes: 14,58,68,101

Item 2: Adoption of Consolidated Financial Statements (Ordinary Resolution)

  • Voted in favour: 14,58,67,537 votes (99.9996%)
  • Voted against: 564 votes (0.0004%)
  • Total valid votes: 14,58,68,101

Item 3: Declaration of Final Dividend for FY 2025-26 (Ordinary Resolution)

  • Voted in favour: 14,58,78,780 votes (99.9996%)
  • Voted against: 564 votes (0.0004%)
  • Total valid votes: 14,58,79,344

Item 4: Re-appointment of Mr. Mahendra K. Goyal (DIN: 02605616) as Director (Ordinary Resolution)

  • Voted in favour: 13,90,45,453 votes (95.3251%)
  • Voted against: 68,19,062 votes (4.6749%)
  • Total valid votes: 14,58,64,515

Item 5: Re-appointment of Price Waterhouse Chartered Accountants LLP as Auditors (Ordinary Resolution)

  • Voted in favour: 13,48,25,825 votes (92.4249%)
  • Voted against: 1,10,50,192 votes (7.5751%)
  • Total valid votes: 14,58,76,017

Item 6: Ratification of Remuneration to Cost Auditors (Ordinary Resolution)

  • Voted in favour: 14,58,75,434 votes (99.9996%)
  • Voted against: 583 votes (0.0004%)
  • Total valid votes: 14,58,76,017

Item 7: Increase in Authorized Share Capital (Ordinary Resolution)

  • Voted in favour: 14,58,75,453 votes (99.9996%)
  • Voted against: 564 votes (0.0004%)
  • Total valid votes: 14,58,76,017

Item 8: Adoption of New Articles of Association (Special Resolution)

  • Voted in favour: 13,11,76,334 votes (90.0338%)
  • Voted against: 1,45,20,352 votes (9.9662%)
  • Total valid votes: 14,56,96,686

Item 9: Increase in Borrowing Limits to ₹1,600 crore (Special Resolution)

  • Voted in favour: 14,52,16,626 votes (99.5558%)
  • Voted against: 6,47,889 votes (0.4442%)
  • Total valid votes: 14,58,64,515

Item 10: Creation of Mortgage/Charge on Assets up to ₹1,600 crore (Special Resolution)

  • Voted in favour: 14,54,21,029 votes (99.6881%)
  • Voted against: 4,54,988 votes (0.3119%)
  • Total valid votes: 14,58,76,017

Item 11: Investments/Loans/Guarantees up to ₹4,000 crore (Special Resolution)

  • Voted in favour: 13,31,63,991 votes (91.2929%)
  • Voted against: 1,27,00,524 votes (8.7071%)
  • Total valid votes: 14,58,64,515

Item 12: Related Party Transaction with Asia Investments for HL Mando Shares (Ordinary Resolution)

  • Voted in favour: 3,32,46,953 votes (99.9983%)
  • Voted against: 564 votes (0.0017%)
  • Total valid votes: 3,32,47,517
  • Invalid votes: 11,26,28,500

Item 13: Preferential Issue to Asia Investments (Special Resolution)

  • Issue of 1,44,04,204 equity shares at ₹1,305.89 per share aggregating to ₹18,81,03,05,962
  • Voted in favour: 3,32,46,448 votes (99.9968%)
  • Voted against: 1,069 votes (0.0032%)
  • Total valid votes: 3,32,47,517
  • Invalid votes: 11,26,28,500

Item 14: Appointment of Mr. Mahendra K. Goyal as Group CEO & Managing Director (Ordinary Resolution)

  • Voted in favour: 13,80,63,249 votes (94.6517%)
  • Voted against: 78,01,266 votes (5.3483%)
  • Total valid votes: 14,58,64,515

Item 15: Re-designation of Mr. Atul Jaggi as Managing Director (Ride Control) (Ordinary Resolution)

  • Voted in favour: 14,58,75,439 votes (99.9996%)
  • Voted against: 578 votes (0.0004%)
  • Total valid votes: 14,58,76,017

Shareholder Participation

Total number of shareholders on record date: 138,635

Number of shareholders present in the meeting: 59 (1 Promoter/Promoter Group + 58 Public)

Scrutinizer Details

CS. Savita Jyoti, Practicing Company Secretary (FCS 3738; CP 1796), was appointed as Scrutinizer for the e-voting process. The electronic data and relevant records will remain in her custody until the Chairperson considers, approves, and signs the Minutes of the 64th AGM.