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Gabriel Pet Straps LtdUpdates, 10-04-2025: Company Update

10-04-2025 · 01:24 pm

Gabriel Pet Straps Limited has announced a board meeting to discuss the incorporation of its wholly-owned subsidiary, Gabriel Ingrevia Limited. The approved subsidiary will focus on trading and manufacturing pharma chemicals and agro products, with an authorized capital of ₹10 lakh (10,00,000 shares at ₹10 each). The company will acquire 100% control of Gabriel Ingrevia through a cash investment of ₹10 lakh. This strategic move could enhance Gabriel Pet Straps' operational footprint in the pharmaceutical and agrochemical sectors, presenting potential growth opportunities for investors. Overall, this development indicates a proactive approach to expanding its business portfolio, which could positively influence investor sentiment.

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