Gabriel India acquires stake in HL Klemove India Private Limited

M&A / JV 21 Aug 2026 · Announced· ✓ Verified

Gabriel India Limited, a publicly listed automotive component manufacturer, disclosed a stake acquisition in HL Klemove India Private Limited. HL Klemove is a joint venture entity in the automotive suspension and damping systems segment. The disclosure was filed with the NSE on 21 August 2026 as a regulatory update. No consideration amount or shareholding percentage was disclosed in the headline announcement; further details may be contained in the full regulatory filing or subsequent board disclosures.

Why it mattersVertical or horizontal consolidation in the Indian automotive aftermarket and OEM supply chain; review material subsidiary reporting under SEBI Listing Rules and CCI merger thresholds.
SectorIndustrials
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