Gabriel India Limited’s shareholders approved an increase in the company’s authorized share capital from ₹18.72 crore to ₹20.16 crore at the 64th Annual General Meeting. This move is in alignment with the Companies Act, 2013, and includes a revision to the Memorandum of Association. The increased capital will accommodate a larger number of equity shares, supporting future growth and expansion initiatives.
Gabriel India Boosts Capitalization
During its 64th Annual General Meeting held on Wednesday, August 19, 2026, Gabriel India Limited’s shareholders officially approved a significant increase in the company’s authorized share capital. The capital has been raised from INR 18,72,40,000 (Rupees Eighteen Crore Seventy-Two Lakh Forty Thousand Only) to INR 20,16,44,204 (Rupees Twenty Crore Sixteen Lacs Forty-Four Thousand Two Hundred and Four only).
Structural Changes Approved
This capital enhancement involved the creation of an additional 1,44,04,000 Equity Shares, each with a face value of INR 1. The company’s structure will now comprise 19,16,44,204 Equity Shares of INR 1 each, alongside the existing 1,00,000 Redeemable Cumulative Preference Shares valued at INR 100 each. Consequently, the company’s Memorandum of Association (MOA) has been amended to reflect this revised capital structure, specifically updating Clause V.
Alignment with Regulations
Furthermore, shareholders also approved the adoption of a new set of Articles of Association (AOA). This updated AOA, encompassing Articles 1 to 190, is designed to align with the provisions of the Companies Act, 2013, and other prevailing laws and regulations. The amended MOA and AOA will be made available on the company’s website for public access.
Source: BSE
