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Gabriel India is part of ANAND Group. The Company has established a significant presence across all automotive customer segments, including OEMs, Aftermarket, and exports. Company manufactures over 500 models of ride control products.Its products include shock absorbers, struts, front forks and others.
CRISIL Ratings assigned 'AA+/Stable' to Gabriel India's ₹1,000 Cr Non-Convertible Debentures and reaffirmed 'AA+/Stable' for its ₹170 Cr Long Term Bank Facilities. This reflects a strengthened business profile, diversified earnings, and increased strategic importance within the ANAND group. Ongoing consolidation via projects like Project Jupiter, including acquisitions for ~₹2,231 Cr,...
Gabriel India Limited just wrapped up the final agreements to acquire a 30% minus one equity share in HL Klemove India Private Limited. This move will transform HL Klemove into an Associate Company for Gabriel India, signaling a strategic step to deepen its market presence. The deal's closure, expected shortly,...