BSECompany Update1d ago · 19 Oct 2026, 07:36 pm
Announcement under Regulation 30 (LODR) - Update on Joint Venture Agreement with Faurecia Automotive Seating India Private Limited
Gabriel India Ltd-$ · 505714
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Gabriel India Ltd has informed that the joint venture company, Faurecia Anand Seating India Private Limited, has been incorporated under the Joint Venture Agreement with Faurecia Automotive Seating India Private Limited. Gabriel India has subscribed to 50% minus one equity share and Faurecia has subscribed to 50% plus one equity share of the paid-up equity share capital of the JV Co.
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Gabriel India Ltd-$ - 505714 - Announcement Under Regulation 30 (LODR) - Update On Joint Venture Agreement With Faurecia Automotive Seating India Private Limited
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Date – October 19, 2026
BSE Limited National Stock Exchange of India Limited
25th Floor, P. J. Towers, Exchange Plaza, Sandra Kurla Complex,
Dalal Street, Bandra (E),
MUMBAI - 400 001 MUMBAI - 400 051
(Company Code: 505714) (Company Code: GABRIEL)
Sub: Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015- Incorporation of a Company
Dear Sir / Madam,
In continuation of our previous intimation dated October 06, 2026, regarding the execution of the
Joint Venture Agreement ("JVA") between Faurecia Automotive Seating India Private Limited ("FASI")
and Gabriel India Limited ("Gabriel India") for the formation of a joint venture company, we hereby
inform you that the joint venture company has been incorporated today i.e. October 19, 2026, under
the name Faurecia Anand Seating India Private Limited ("JV Co.").
As previously disclosed, the JVA contemplates an initial aggregate investment of INR 20,00,00,000
(Rupees Twenty Crores only) in the JV Co., pursuant to which Gabriel India has subscribed to 99,99,999
(Ninety-Nine Lakhs Ninety-Nine Thousand Nine Hundred and Ninety-Nine) equity shares having face
value Rs. 10 each aggregating to INR 9,99,99,990 (Rupees Nine Crores Ninety-Nine Lakhs Ninety-Nine
Thousand Nine Hundred and Ninety Only) representing 50% less one equity share, and FASI has
subscribed to 1,00,00,001 (One Crore and One) equity shares having face value Rs. 10 each aggregating
to INR 10,00,00,010 (Rupees Ten Crores and Ten only) representing 50% plus one equity share of the
paid-up equity share capital of the JV Co.
You are requested to take the above on record.
Thanking you,
Yours Faithfully
For Gabriel India Limited
Mohit Srivastava
Chief Financial Officer
Email Id: secretarial@gabriel.co.in