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Gabriel India Limited ( (IN:GABRIEL) ) just unveiled an announcement.
Gabriel India Limited announced that the conditions for the first tranche of its joint venture with SK On Co., Ltd have been fulfilled, and equity shares in SK Enmove Gabriel India Private Limited have been allotted in a 51:49 ratio to SK On and Gabriel India, respectively, marking 27 February 2026 as the First Tranche Long Stop Date. To operationalize the joint venture’s business, the parties executed a series of key agreements, including technology licensing, corporate services, trademark brand licensing for the ‘ZIC’ brand, a business transfer from SK Enmove India, and a joinder confirming the JV company’s accession to the joint venture terms, laying the contractual groundwork for integrating SK’s technology and existing operations into the new entity.
More about Gabriel India Limited
Gabriel India Limited operates in the automotive components industry, focusing on ride control and related systems for vehicle manufacturers and the aftermarket. Through strategic collaborations and joint ventures, the company seeks to expand its technological capabilities and strengthen its position in both domestic and international mobility markets.
Average Trading Volume: 31,590
Technical Sentiment Signal: Strong Buy
Current Market Cap: 138.7B INR
For detailed information about GABRIEL stock, go to TipRanks’ Stock Analysis page.