Gabriel India Ltd

📈 Gabriel India Ltd expands capacity – acquires 28.99% stake in HL Mando Anand India

- Acquisition of 4,81,34,427 equity shares (28.99% of paid-up capital) of HMAI

- Consideration: 1,44,04,204 Gabriel India shares on preferential basis + cash balance

- Valuation based on audited FY ended March 31, 2026

- No change in equity share exchange ratio

- Includes erstwhile Anchemco India business (audited)

- Joint valuation report by KPMG & BDO (July 21, 2026)