Anand Group to consolidate multiple JV under its listed arm

With an ambitious vision to achieve ₹50,000 crore in revenue by 2030 across its automotive and nonautomotive segments, the Anand Group is taking decisive steps to streamline and scale its operations.

- By Anirudha Jain

The consolidation of its privately held automotive businesses under the umbrella of Gabriel India Limited—its listed arm—forms the cornerstone of this transformation.

Anchemco India Private Limited (the "Transferor Company" or "Anchemco") is engaged in the manufacture and supply of brake fluids, radiator coolants, diesel exhaust fluids (DEF) / ad-blue, and products include Polyurethane (PU) and Polyvinyl Chloride (PVC) adhesives primarily for filtration products and sound insulation applications. The registered office of the company is in New Delhi. Anchemco is in the process of shifting its registered office to Maharashtra to align with the registered office of other involved companies. The entire share capital of Anchemco is directly and indirectly owned by Asia Investment Private Limited.

Prior to this scheme, Business of Anchemco Anand LLP was transferred to Anchemco India Pvt Ltd via slump sale on August 08, 2023. Further, Ansysco Anand LLP was merged with Anchemco on April 01, 2025. Anchemco was incorporated in 2022, all the current business of Anchemco can be attributable to transferred businesses.

Asia Investments Private Limited (the "Transferee Company" or "Demerged company" or "Asia Investment" or "AIPL") is primarily engaged in making investments in subsidiaries / joint ventures and providing management advisory services. The company is a non-registered Core Investment company. The company is entirely owned by Anand group and holds 52.64 stake in Gabriel India Limited and other key entities of Anand Group. The registered office of Asia Investment is in Mumbai. Other key entities of Anand group owned by Asia Investment private Limited of which investment shall transfer to Gabriel India Limited as a part of the proposed demerger are: