Gabriel India Limited — Important, 09-07-2025: General Updates
09-07-2025 | 03:03 pm
09-07-2025 | 03:03 pm
Gabriel India has announced a board meeting on which it approved a Rs. 26.83 Cr investment to acquire 51% stake in Jinhap Automotive India Private Limited (JAIPL), making JAIPL its subsidiary. JAIPL will focus on manufacturing and selling automotive and industrial fasteners, leveraging proprietary technology licensed from Jinhap Co., Ltd. (an affiliate of Jinos, the JV partner holding 49%). This move diversifies Gabriel India’s product portfolio and strengthens its relationship with key OEMs in the Indian market, positioning it in the fasteners segment.
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