Gabriel India Ltd has appointed Mahendra K. Goyal as Executive Director and Group Chief Executive Officer and Managing Director for a term of five years effective July 21, 2026. The Board of Directors approved the appointment at its meeting held on July 21, 2026, subject to the approval of the members at the ensuing Annual General Meeting. Concurrently, the Board re-designated Atul Jaggi as Managing Director (Ride Control) with effect from the same date until October 17, 2029.

Mahendra K. Goyal, who was previously a non-executive, non-independent director, has been re-designated to the executive role. His tenure as Group CEO & MD will run until July 20, 2031. He will be designated as a Key Managerial Personnel (KMP) and will be responsible for the overall supervision of the company across all business segments, including joint ventures, subsidiaries, and associate companies. Goyal is a Chartered Accountant, Company Secretary, and Cost Accountant with over 31 years of experience. He has been associated with the ANAND Group since July 1995 and most recently served as Group CEO starting October 2024.

The Board also approved the re-designation of Atul Jaggi to the role of Managing Director (Ride Control). This change is effective immediately upon Board approval and extends until October 17, 2029, aligning with the tenure originally approved by members on January 15, 2025, via postal ballot. Aside from the change in designation, all other terms and conditions of his appointment remain unchanged. Jaggi holds a bachelor's degree in mechanical engineering and brings 25 years of experience in functions such as maintenance, supplier development, and manufacturing excellence.

The following table summarizes the key management changes approved by the Board:

The appointments were made on the recommendation of the Nomination and Remuneration Committee. The company confirmed that neither appointee is related to any existing Director or Key Managerial Personnel, nor are they debarred from holding the office of director by the Securities and Exchange Board of India or any other authority. The Board meeting commenced at 04.00 p.m. and concluded at 05.00 p.m. on July 21, 2026.

Gabriel India Limited will conduct an earnings call on July 22, 2026, to review its operational and financial performance for Q1 FY 2026-27. The meeting is scheduled to commence at 11:00 AM IST and will be led by the company's Senior Leadership Team. This session provides a platform for investors and shareholders to gain direct insights into the company's quarterly results and strategic outlook.

The disclosure was made under Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested that the information be placed on record and acknowledged by the exchanges.

Participants must pre-register for the event via the provided link to gain access to the conference. The call facilitates direct engagement with the management regarding the financial metrics and business developments during the first quarter of the fiscal year.

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