By Debdeep Gupta | 01 Jul, 2025
Gabriel India shares hit 20% upper circuit, scale to new record high on restructuring plan
Gabriel India shares surged 20 percent after unveiling a multi-tier restructuring plan involving the merger of Anchemco and a demerger of Asia Investments’ auto assets.Shares of Gabriel India surged to a new all-time high and hit the 20 percent upper circuit on July 1 after the company announced a comprehensive scheme of arrangement. The plan involves the amalgamation of Anchemco India Pvt Ltd i...