BSECompany Update21 Aug 2026 · 21 Aug 2026, 03:11 pm

Announcement under Regulation 30 (LODR) regarding update on acquisition of stake in HL Klemove India Private Limited.

Gabriel India Ltd-$ · 505714

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Gabriel India Ltd has executed a Joint Venture Agreement and Share Purchase Agreement to acquire a 30% stake in HL Klemove India Private Limited, with the transaction expected to be completed on August 24, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Gabriel India Ltd-$ - 505714 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

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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