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Gabriel India to Buy 28.99% Stake in HL Mando Anand from Promoter for Rs 2,231 Cr

autherKiran Murali     calendar21 Jul 2026

This is a related-party transaction because the stake is being purchased from its promoter.

LATEST

Gabriel India Names Mahendra K. Goyal as Group CEO in Executive Leadership Realignment

autherAutocar Professional Bureau calendar21 Jul 2026

The auto component manufacturer restructures top leadership, appointing Goyal as Group CEO and MD while repositioning ...

Not Actively Looking, But Open to Partnership for KTM: Bajaj Auto

autherKiran Murali calendar21 Jul 2026

Rakesh Sharma noted that KTM returned to EBITDA breakeven in the April-June quarter.

Ashok Leyland Ramps Up R&D Expenditure to Rs 635 Crore to Fuel "Sprint to Vision" Strategy

autherShahkar Abidi calendar21 Jul 2026

The commercial vehicle maker increases its annual tech spending to drive electric vehicle development, software integr...

Ashok Leyland CEO Shenu Agarwal’s Pay Jumps 48% Amid Shift to Phantom Stock Units

autherAutocar Professional Bureau calendar21 Jul 2026

The commercial vehicle maker reshapes pay for various executives after a record financial year, moving away from stock...

TVS Motor Sees FY27 2W Industry Volume Growing in Double Digits

autherKiran Murali calendar21 Jul 2026

The automaker expects demand to sustain going forward. 

MAHLE Backs Multi-Technology Path to Decarbonise Commercial Vehicles

autherDarshan Nakhwa calendar21 Jul 2026

Supplier says battery-electric, hydrogen, renewable fuels and range extenders must coexist; calls for policy support a...

Ashok Leyland Sets Record Revenue, Eyes Global Top-10 Ambition as EV Business Turns Profitable

autherShahkar Abidi calendar21 Jul 2026

Strong vehicle sales, profitable electric mobility, and international expansion drive record annual performance for th...

Ather Energy Closes ₹1,300 Crore QIP to Drive ₹2,500 Crore Capital Expansion

autherDev Vadchhedia calendar21 Jul 2026

The e-two wheeler maker completes its equity issue following strong demand from foreign portfolio managers and domesti...

MAHLE Bets on Range Extenders to Bridge Gap Between Diesel and Electric Trucks

autherDarshan Nakhwa calendar21 Jul 2026

The German Tier-1 supplier unveils production-ready system for battery-electric trucks, arguing the technology can eas...