Gabriel India Limited , a prominent player in the automotive components sector, has announced a further extension to the closing date of its Joint Venture Agreement (JVA) with Jinos Co., Ltd. and Jinhap Automotive India Private Limited (now known as Jinhap Gabriel Auto India Private Limited). The company has extended the deadline from December 31, 2025, to February 28, 2026, marking the second extension to provide additional time for completing remaining conditions precedent.

Timeline of Extensions

Key Details of the Joint Venture

The joint venture involves Gabriel India Limited collaborating with Jinos Co., Ltd. for investment by way of subscription into the joint venture company. As per the latest disclosure dated December 31, 2025, the closing date serves as both the deadline for closing and the effective date of the JVA governing the joint venture company.

Regulatory Compliance and Communication

Gabriel India Limited has maintained transparency by disclosing this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Company Secretary Nilesh Jain and communicated to both stock exchanges.

This marks the second extension of the closing date, indicating the parties' commitment to ensuring all necessary conditions are properly fulfilled before finalizing the strategic partnership. The additional time until February 28, 2026, suggests thorough due diligence and careful completion of regulatory and commercial requirements.

Strategic Implications

The repeated extensions demonstrate the complexity and strategic importance of this international collaboration in the automotive components sector. The partnership between the Indian automotive component manufacturer and its international partner appears focused on ensuring all conditions precedent are met satisfactorily before the joint venture becomes effective.

Investors and stakeholders will continue monitoring developments as the new February 2026 deadline approaches, with the successful completion potentially opening new growth avenues for Gabriel India Limited in the automotive components market.

Gabriel India Limited has successfully incorporated its joint venture company with SK Enmove Co., Ltd, marking a significant milestone in the auto component manufacturer's strategic expansion into the lubricants and specialty fluids industry. The company announced that SK Enmove Gabriel India Private Limited has been incorporated as a wholly owned subsidiary on December 18, 2025.

Joint Venture Incorporation Details

The incorporation represents the culmination of Gabriel India's strategic partnership with the South Korean corporation, moving from planning phase to operational reality:

Strategic Joint Venture Structure

The joint venture maintains its originally planned structure with SK Enmove Co., Ltd as the technology and brand partner:

Business Scope and Product Portfolio

The operational joint venture will focus on comprehensive lubricants sector activities including engineering, development, manufacturing, packaging, marketing, and distribution. The product portfolio encompasses engine oils for motorcycles, passenger cars, and heavy-duty diesel applications, e-fluids for electric vehicles, shock absorber oils, industrial lubricants, greases, and e-thermal fluids for thermal management.

Governance and Strategic Agreements

The joint venture's governance structure includes balanced representation with 2 directors from Gabriel India and 3 from SKEN, rotating chairmanship every 2 years, and proportional voting rights. Post-incorporation agreements include Technology License Agreement with SKEN, Corporate Service Agreement with Anand Automotive Private Limited, ZIC Trademark and Brand License Agreement, and Business Transfer Agreement to acquire SK Enmove India Private Limited's existing business.

Market Impact

This incorporation marks Gabriel India's successful entry into the lucrative lubricants market, leveraging SK Enmove's technological expertise and the ZIC brand. The operational joint venture positions the company competitively in the evolving automotive and industrial lubricants sector, particularly as markets shift towards electric vehicles and specialized fluids, diversifying Gabriel India's revenue streams beyond traditional auto components.