Gabriel India has announced that the record date for the distribution of shares under the Composite Scheme is May 29, 2026, as per an NCLT order. This move pertains to shareholders of Asia Investments Holdings.

The National Company Law Tribunal (NCLT) in Mumbai has approved a comprehensive plan that includes the merger of Gabriel India Ltd with another company, along with a demerger where an earlier unit is now part of Gabriel India. Specifically, Anchemco has been merged into Asia Investments, while a demerged unit has been transferred to Gabriel India.

Gabriel India Ltd has secured approval from the National Company Law Tribunal (NCLT) for its Composite Scheme of Arrangement. The company is now set to submit necessary documents to implement this decision, with plans to subsequently notify stock exchanges about the development.

Gabriel India Ltd has secured approval from the National Company Law Tribunal (NCLT) in Mumbai for a plan to restructure its business operations, involving Anchemco India Pvt Ltd and Asia Investments Pvt Ltd. This transformation aims to transition Gabriel India into a versatile mobility solutions provider, boosting shareholder value and operational effectiveness.

Investment experts suggest stocks like NALCO, Tata Power, ABSLAMC, MCX, BoB, HPL Electric, Gabriel India, and Tilaknagar Industries for intraday trading due to market volatility. The Nifty trades flat at 24,175, while the India VIX remains elevated above 18, indicating ongoing geopolitical tensions and RBI liquidity measures are causing market turbulence.