SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gabriel India informs about outcome of board meeting

07 Oct 2025 Evaluate
Gabriel India has informed that SK Enmove Co., a corporation incorporated under the laws of the Republic of Korea (‘SKEN’) and Gabriel India Limited (‘Gabriel India’/ ‘Company’) propose to enter into a Joint Venture Agreement to undertake the business of engineering, designing, developing, manufacturing (including through third party toll blending and contract manufacturing), packaging, import, blending, assembly, marketing, sales and distribution and exports of any type of engine oils (including motorcycle oil, passenger car motor oil, heavy duty diesel oil), e-fluids (electric vehicle fluids), SAO (shock absorber oil), industrial lubricants, greases and e-thermal fluids (thermal management) ('Business’) in identified territory, mutually agree. In light of the background provided above, the Board of Directors of Gabriel India at its meeting held today,  on October 07, 2025, inter alia, has accorded its approval for the following: Execution of the Joint Venture Agreement (‘JVA’) between SKEN and Gabriel India to enable formation of a Joint Venture Company (‘JV Co.’) wherein SKEN and Gabriel India will have shareholding in the ratio of 51:49 respectively; Incorporation of a wholly owned subsidiary, followed by an investment of up to INR 29.40 crores, including the initial subscription, in one or more tranches, pursuant to which Gabriel India will hold 49% of the total equity share capital of the JV Co. The Board of Directors noted that after incorporation of JV Co. the following agreements shall also be executed: Technology License Agreement(‘TLA’) between SKEN and JV Co. to procure technological information, support and assistance for Business from SKEN; Corporate Service Agreement (‘CSA’) between Anand Automotive Private Limited (‘AAPL’), and JV Co. to procure certain operational and management support services for Business from AAPL; ZIC Trademark and Brand License Agreement between SKEN and JV Co. to enable JV Co. to use the ‘ZIC’ trademark.

The above information is a part of company’s filings submitted to BSE.

Gabriel India Share Price

1012.90 15.00 (1.50%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×