Gabriel India Limited has announced a meeting of its Equity Shareholders, directed by the NCLT, to consider a Composite Scheme of Arrangement. The scheme involves the amalgamation of Anchemco India Private Limited into Asia Investments Private Limited, followed by the demerger of Asia Investments’ Automotive Undertaking into Gabriel India Limited. The meeting will be held virtually on Wednesday, March 18, 2026, at 11:00 A.M., with e-voting commencing on Sunday, March 15, 2026.
Shareholder Meeting Mandated for Scheme Approval
Gabriel India Limited has issued a formal notice convening a meeting of its Equity Shareholders. This meeting has been directed by an Order of the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, pronounced on January 29, 2026. The primary purpose is to consider and potentially approve a Composite Scheme of Arrangement, which includes both an amalgamation and a demerger.
Details of the Corporate Restructuring
The proposed Scheme entails two main parts:
- The amalgamation of Anchemco India Private Limited (Transferor Company) with and into Asia Investments Private Limited (Transferee/Demerged Company).
- The demerger of the Automotive Undertaking of Asia Investments Private Limited into Gabriel India Limited, which would become the “Resulting Company”.
Shareholders will vote on the Scheme under Sections 230 to 232 of the Companies Act, 2013.
Key Meeting and Voting Schedule
The essential dates for the shareholder participation are confirmed as follows:
| Particulars | Details |
|---|---|
| Meeting Date & Time | Wednesday, March 18, 2026, at 11:00 A.M |
| Mode of Meeting | Video Conference (VC) and/or other audio and visual means (OAVM), as directed by the NCLT. |
| Cut-off Date for E-voting | Wednesday, March 11, 2026 |
| Remote E-voting Start | Sunday, March 15, 2026, at 09:00 A.M |
| Remote E-voting End | Tuesday, March 17, 2026, at 05:00 P.M |
Access to Documentation and Voting
A comprehensive notice, including the explanatory statement and all relevant annexures pertaining to the Scheme, is made available on the Company’s website, www.anandgroupindia.com/gabrielindia, and the RTA’s platform. Shareholders holding shares in physical form who need to register their email IDs must submit Form ISR-I to the Registrar and Transfer Agent (RTA), KFIN Technologies Limited.
The announcement confirms that Mr. H. V. Subba Rao has been appointed as the Chairperson for this crucial meeting, which is scheduled to be held on February 10, 2026.
Source: BSE
