19-Oct-2026 19:37:47

GABRIELGeneral news

GABRIEL : JV COMPANY FAURECIA ANAND SEATING INCORPORATED WITH RS 20 CR INVESTMENT

• JV company named Faurecia Anand Seating India Private Limited incorporated on October 19, 2026 • Initial aggregate investment of ₹20 Cr (INR 20,00,00,000) into the JV Co • Gabriel India subscribed 99,99,999 equity shares of face value ₹10 each, aggregating ₹10 Cr, representing 50% less one equity share • Faurecia Automotive Seating India (FASI) subscribed 1,00,00,001 equity shares of ₹10 each, aggregating ₹10 Cr, representing 50% plus one equity share • Follows the Joint Venture Agreement executed between FASI and Gabriel India, intimated on October 06, 2026

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