Gabriel India Limited has scheduled its 64th Annual General Meeting (AGM) for Wednesday, August 19, 2026, to be conducted through Video Conferencing or Other Audio Visual Means. The meeting aims to transact the business outlined in the notice dated July 21, 2026. Shareholders holding shares as of the cut-off date can participate in remote e-voting, which runs from Sunday, August 16, 2026, at 9:00 a.m. IST to Tuesday, August 18, 2026, at 5:00 p.m. IST. This digital engagement framework ensures broader shareholder participation while adhering to Ministry of Corporate Affairs guidelines.

The company has fixed Wednesday, August 12, 2026, as the record date for determining shareholders eligible for the final dividend for the financial year 2025-26. In compliance with Regulation 42 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, the dividend will be paid exclusively in electronic form on or before Friday, September 18, 2026. To facilitate this, Gabriel India has requested members holding shares in physical form to register their bank account details for electronic dividend payment via email to KFin Technologies Limited, its Registrar and Share Transfer Agent.

To ensure transparency and ease of access, the Annual Report for FY25-26 and the AGM notice are being disseminated electronically. Registered members will receive these documents via email, while they remain accessible on the company’s website, the stock exchange portals, and the KFin Technologies website. Members who have not registered their email addresses will receive a physical letter containing web-links to access the complete annual report and AGM notice.

Key Dates for Shareholders

The register of members and share transfer books will remain closed from Thursday, August 13, 2026, to Wednesday, August 19, 2026, inclusive, to finalize the list of eligible shareholders for both the AGM and the dividend payout. This book closure period is mandated under Section 91 of the Companies Act and relevant listing regulations.

Shareholders acquiring shares after the dispatch of the AGM notice but before the cut-off date can obtain login credentials for e-voting by emailing evoting@kfintech.com . Those attending the AGM virtually who have not cast their votes remotely during the pre-scheduled window will have the opportunity to vote electronically during the meeting itself. For queries regarding dividend mandates or voting procedures, shareholders may contact A Mohan Kumar, Senior Manager at KFin Technologies Limited, via email or the toll-free number 1800-309-4001.

Gabriel India has approved two significant acquisitions to expand its technology portfolio and strengthen its position as a comprehensive mobility platform. The Board of Directors approved the acquisition of a 28.9% stake in HL Mando Anand and a 30% stake in HL Klemove India during its meeting held on July 21, 2026. These strategic moves are part of the company's inorganic growth journey, aimed at entering high-growth segments such as steering systems, braking solutions, automotive electronics, and advanced driver assistance systems (ADAS). Management indicated that these initiatives will accelerate the company's growth trajectory and support its aspiration of achieving group revenues of ₹50,000 crore by 2030.

Financial Details of the Transactions

The total consideration for the acquisition of a 28.9% stake in HL Mando Anand from Asia Investments Private Limited (AIPL) is approximately Rs 2,231 crore. This will be discharged through a combination of equity shares and cash, with Rs 1,881 crore paid via a share swap and Rs 350 crore in cash. For the HL Klemove India transaction, Gabriel India will acquire a 30% minus one equity share stake for a total consideration of USD 98.44 million (approximately Rs 935 crore). The payment for this stake will be made in cash, split into two tranches: an upfront payment of 75% (USD 73.83 million) and a deferred payment of 25% (USD 24.61 million).

Strategic Rationale and Target Overview

The acquisitions are designed to provide access to next-generation products and technologies, including steering systems, brakes, suspensions, and ADAS. HL Mando Anand, a joint venture established in 1997, is a leading manufacturer of these products for Indian and global automobile manufacturers, with key customers including Hyundai, Tata Motors, Kia, and Maruti Suzuki. HL Klemove India, a subsidiary of HL Klemove Corp, specializes in automotive electronics and autonomous driving solutions. The company reported a turnover of INR 10,488.30 million in FY 2025-26 on an unaudited basis.

Governance and Future Outlook

Following the transactions, Gabriel India will hold significant influence in both entities. The Board of HL Klemove India will comprise ten directors, with four nominated by Gabriel India. These investments are expected to drive EPS accretion and enhance the company's cash flow profile. The company's inorganic journey, including previous acquisitions under Project Rise, has transformed it into a diversified mobility solutions company. The proposed investments under Project Jupiter will further strengthen Gabriel India's portfolio by adding new products and advanced technologies.