Gabriel India Ltd. has unveiled a multi-stage restructuring that will fold several of Anand Group’s automotive businesses into the listed shock-absorber maker. The plan starts with the amalgamation of brake-fluid and coolant producer Anchemco India Pvt. Ltd. into holding company Asia Investments Pvt. Ltd., followed by the demerger of Asia Investments’ automotive assets and their subsequent merger into Gabriel India. To compensate promoters of Asia Investments, Gabriel will issue 1,158 of its shares for every 1,000 shares they hold, valuing the transaction at roughly eight times estimated fiscal-2025 EBITDA. The reorganisation, aimed at expanding scale while avoiding new leverage, supports the group’s ambition to lift revenue to about ₹50,000 crore by 2030. Implementation is contingent on approvals from the board, creditors, stock exchanges, the National Company Law Tribunal and shareholders, and is expected to be completed within 10–12 months. The appointed date for the initial merger is 1 April 2025, with the demerger and final merger slated for 1 April 2026. Investors reacted positively: Gabriel India’s shares have climbed about 20% in the past five trading days, closing at ₹706.8 on Monday and extending their year-to-date advance to 41%.