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Gabriel India Limited completes acquisition of 30% stake in HL Klemove India
21-Aug-2026, 04:33
Gabriel India Limited announced on August 21, 2026, that it executed a Joint Venture Agreement and Share Purchase Agreement to acquire 30% minus one equity share in HL Klemove India Private Limited, as previously disclosed on July 21, 2026; the purchase is expected to be completed on August 24, 2026, or a mutually agreed date, at which point HL Klemove India Private Limited will become an associate company of Gabriel India Limited.
Gabriel India Limited announced on August 21, 2026, that it executed a Joint Venture Agreement and Share Purchase Agreement to acquire 30% minus one equity share in HL Klemove India Private Limited, as previously disclosed on July 21, 2026; the purchase is expected to be completed on August 24, 2026, or a mutually agreed date, at which point HL Klemove India Private Limited will become an associate company of Gabriel India Limited.