Gabriel India Limited has completed the allotment of non-convertible debt securities. This issuance is a debt-related capital activity and does not impact the company's equity share capital.
Gabriel India approved the allotment of 1,00,000 non-convertible debentures via private placement, totaling ₹1,000 Crore. This debt issuance strengthens the company's financial position.
Gabriel India Limited's board approved the issuance of 1,00,000 non-convertible debt securities. The total issue size is valued at ₹1,000 Crore for fundraising purposes.