Asia Investments Private Limited has increased its stake in Gabriel India to 46.98% following a preferential allotment of equity shares. The acquisition was completed on September 11, 2026.

The promoter entity acquired 1,44,04,204 equity shares with a face value of ₹1 each. This transaction brings Asia Investments' total holding to 9,00,21,283 shares.

Shareholding Structure Change

Prior to the allotment, Asia Investments held 7,56,17,079 shares, representing 42.67% of the total voting capital. The new issuance increased the company's total equity share capital from 1,77,230,023 to 1,91,634,227 shares.

Regulatory Disclosure

The disclosure was filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Asia Investments is classified as part of the promoter group. Other persons acting in concert include Kiran Anand, Anjali Singh, Tejbir Singh, Anfilco Limited, and Anand Automobiles entities, though no shares were issued to them in this transaction.

Gabriel India Limited has cancelled the non-deal roadshow for institutional investors that was originally scheduled for September 15, 2026. The company cited exigencies as the reason for the cancellation.

The event, organized by Ambit Capital and set to take place in Mumbai starting at 10:00 am, was intended to facilitate discussions based on publicly available information. Company officials had planned to engage with analysts and investors during the session.

Cancellation Details

The intimation regarding the cancellation was issued on September 10, 2026. Mohit Srivastava, Chief Financial Officer, signed the letter confirming that the meeting would not proceed.

The disclosure was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized in its initial announcement that no unpublished price-sensitive information (UPSI) would have been discussed during the interactions had the meet taken place.