Gabriel India Limited , a prominent player in the automotive components sector, has announced an extension to the closing date of its Joint Venture Agreement (JVA) with Jinos Co., Ltd. and Jinhap Automotive India Private Limited (JAIPL). The company has pushed the deadline from October 31, 2025, to December 31, 2025, allowing additional time to fulfill remaining conditions precedent for the joint venture.

Key Details of the Extension

Implications of the Closing Date

The closing date holds significance beyond being a mere deadline. As per the company's disclosure:

1. It serves as the effective date of the Joint Venture Agreement.
2. It is defined in the Share Subscription Agreement associated with the joint venture.

Regulatory Compliance

Gabriel India Limited has adhered to regulatory requirements by disclosing this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed both the BSE Limited and the National Stock Exchange of India Limited about this development.

Background of the Joint Venture

While specific details about the joint venture's objectives are not provided in the current disclosure, it's worth noting that this agreement involves collaboration between an Indian company (Gabriel India) and international partners (Jinos Co., Ltd. and JAIPL). Such partnerships often aim to leverage combined strengths, potentially in areas like technology transfer, market access, or product development.

The extension of the closing date suggests that the parties involved are committed to ensuring all necessary conditions are met before finalizing the joint venture. This careful approach may indicate the strategic importance of the partnership for all entities involved.

Investors and stakeholders of Gabriel India Limited will likely be keeping a close watch on further developments related to this joint venture as the new closing date approaches. The successful completion of this agreement could potentially open new avenues for growth and collaboration in the automotive components sector.

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.