19-Aug-2026      21:51

Gabriel India Limited shareholders approved a share capital increase at Wednesday's AGM

Gabriel India Limited shareholders approved an increase in the company’s authorized share capital from Rs 18,72,40,000 to Rs 20,16,44,204 at the 64th Annual General Meeting held on Wednesday, August 19, 2026, according to a regulatory filing. The increase classifies the capital into 19,16,44,204 equity shares of Rs 1 each and 1,00,000 redeemable cumulative preference shares of Rs 100 each, along with the adoption of a new set of Articles of Association to align with the Companies Act, 2013.

News source: Capital Market - Live News