Date: June 09, 2026
Demerger and Share Allotment Details
- The Board of Directors of Gabriel India Limited passed a circular resolution on June 09, 2026 approving the allotment of shares pursuant to the Composite Scheme of Arrangement
- The Scheme involves:
- Anchemco India Private Limited (formerly Andasia Private Limited) as Transferor Company
- Asia Investments Private Limited as Transferee Company (for Part C) and Demerged Company (for Part D)
- Gabriel India Limited as Resulting Company
- The Hon'ble National Company Law Tribunal, Mumbai Bench sanctioned the Scheme vide Order dated May 11, 2026
- The Company allotted 3,35,86,081 (Three Crore Thirty-Five Lakhs Eighty-Six Thousand and Eighty-One) fully paid-up equity shares of face value Re. 1/- each
- Additional 2 (two) equity shares of face value Re. 1/- each were allotted for fractional entitlement
- Allotment made to equity shareholders of Asia Investments Private Limited as on Record Date of May 29, 2026
- Shares allotted in ratio of respective shareholding held in Asia Investments Private Limited
- Allotment is pursuant to demerger of the Demerged undertaking into Gabriel India Limited under the Scheme
Capital Structure Update
- Post-allotment paid-up equity share capital increased to ₹17,72,30,023/- (Rupees Seventeen Crore Seventy-Two Lakh Thirty Thousand and Twenty-Three Only)
- Total number of equity shares: 17,72,30,023 (Seventeen Crore Seventy-Two Lakh Thirty Thousand and Twenty-Three) fully paid-up equity shares of Re. 1/- face value each
- Newly allotted shares will rank pari-passu with existing equity shares of the Company
- Shares are proposed to be listed and traded on BSE Limited and National Stock Exchange of India Limited