NSEAcquisition21 Aug 2026 · 21 Aug 2026, 03:15 pm
Acquisition
Gabriel India Limited · GABRIEL
✦ AI SummaryM&A
Gabriel India Limited has informed the Exchange regarding update on acquisition of stake in HL Klemove India Private Limited, executing Joint Venture Agreement and Share Purchase Agreement on August 21, 2026, with consummation of purchase to take place on August 24, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10
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Full Announcement
Gabriel India Limited has informed the Exchange regarding update on acquisition of stake in HL Klemove India Private Limited
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GABRIEL_21082026151524_SE_Disclosure_signed.pdf
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Date: August 21, 2026
BSE Limited National Stock Exchange of India Limited
25th Floor, P. J. Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Bandra (E), MUMBAI – 400 051
(Company Code: 505714) (Company Code: GABRIEL)
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”) – Update on acquisition of stake
in HL Klemove India Private Limited
Dear Sirs,
In continuation of our disclosure dated July 21, 2026, regarding the proposed acquisition of 30%
minus one (1) equity share in HL Klemove India Private Limited (Target Company), we wish to inform
you that Gabriel India Limited ("Company") on August 21, 2026 executed the Joint Venture
Agreement (JVA) and Share Purchase Agreement (SPA) in connection with the aforesaid acquisition.
As per the terms of the SPA, the consummation of purchase of Sales Shares (as defined in SPA) shall
take place on August 24, 2026, or such other date as may be mutually agreed in writing between the
Parties.
Consequently, upon completion of the transaction, the Target Company shall become an Associate
Company of Gabriel India Limited.
We request you to take the above information on record.
Thanking You,
Yours faithfully,
For Gabriel India Limited
Nilesh Jain
Company Secretary and Compliance Officer
Email id: secretarial@gabriel.co.in