Gabriel India JV with SK Enmove Long Stop Date Extended to Feb 28, 2026
Gabriel India Limited has announced an extension for the First Tranche Long Stop Date concerning its Joint Venture Agreement with SK Enmove Co., Ltd. (SKEN). The revised deadline for the First Tranch...
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Why is Gabriel India Limited in the news today?
Gabriel India Limited (GABRIEL) is in the news due to the announcement is a routine update regarding an extension of a deadline for a previously announced joint venture. it does not contain new positive or negative financial information, but rather a procedural adjustment.
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Gabriel India JV with SK Enmove Long Stop Date Extended to Feb 28, 2026
December 31, 2025, 10:57 AM
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Gabriel India Limited has announced an extension for the First Tranche Long Stop Date concerning its Joint Venture Agreement with SK Enmove Co., Ltd. (SKEN).
The revised deadline for the First Tranche Closing is now February 28, 2026. This date was extended from the previously announced November 30, 2025 (which was itself an extension from an earlier date), to allow more time for fulfilling the remaining conditions precedent for the First Tranche.
This update follows previous intimations regarding the proposal for the Joint Venture (October 07, 2025), the execution of the agreement (October 15, 2025), the initiation of incorporation activities for the Joint Venture Company (November 30, 2025), and the incorporation of a Wholly Owned Subsidiary named “SK Enmove Gabriel India Private Limited” (December 18, 2025).
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