ALPHA TRIBE

Gabriel India LimitedQIP/Rights/Pref., 21-07-2026: Preferential issue

21-07-2026 | 07:49 pm

Gabriel India's board approved issuing 1.44 Cr equity shares at ₹1,305.89/share (total ₹1,881.03 Cr) via preferential allotment to promoter Asia Investments. This is part consideration for acquiring a 28.99% stake in HL Mando Anand, aiming to consolidate and grow its auto components business.

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