Gabriel India has revised its equity share subscription amount for its joint venture with Jinos. The revised amount is INR 24,11,73,695. The shareholding ratio remains unchanged at 51:49 between Gabriel India and Jinos. The revised subscription amount was incorporated into an amendment agreement dated February 3, 2026.
Joint Venture Investment Update
Gabriel India has announced a revision to its investment plans concerning its ongoing joint venture with Jinos Co., Ltd. This announcement provides an update to previous communications made on July 9, 2025, October 31, 2025, and December 31, 2025, regarding this strategic partnership.
Revised Subscription Amount
Following commercial discussions, both Gabriel India and Jinos have mutually agreed upon a revised equity share subscription amount for investment in the Joint Venture Company. The finalized amount for Gabriel India’s subscription is INR 24,11,73,695 (Indian Rupees Twenty-Four Crores Eleven Lakhs Seventy-Three Thousand Six Hundred Ninety-Five only).
Shareholding Structure
Despite the adjustment in investment amount, the shareholding ratio between Gabriel India and Jinos will remain consistent. Gabriel India will maintain a 51% stake, while Jinos will retain a 49% share in the joint venture.
Agreement Formalization
The updated subscription amount has been formally incorporated into the Share Subscription Agreement (SSA) through an amendment agreement executed on February 3, 2026. All other terms and conditions of the original SSA, as previously amended, will remain in effect.
Source: BSE
