{"url":"https://newsforagent.com/news/2026-10-19/gabriel-india-faurecia-anand-seating-jv","markdown_url":"https://newsforagent.com/news/2026-10-19/gabriel-india-faurecia-anand-seating-jv.md","title":"Gabriel India Forms Faurecia Seating JV With ₹20 Crore","headline":"Gabriel India Incorporates Faurecia Anand Seating JV With ₹20 Crore Investment","description":"Gabriel India incorporated Faurecia Anand Seating India on October 19, 2026, with ₹20 crore initial investment and a near-equal split.","section":"Partnerships","published_at":"2026-10-19T14:52:32+00:00","modified_at":"2026-10-19T14:52:32+00:00","author":"News Desk","key_takeaways":["Gabriel India incorporated Faurecia Anand Seating India Private Limited on October 19, 2026, with an initial aggregate investment of ₹20 crore.","Gabriel India holds 50% minus one equity share and Faurecia Automotive Seating India holds 50% plus one share, both at ₹10 face value.","Gabriel India subscribed to 99,99,999 equity shares and FASI subscribed to 1,00,00,001 equity shares."],"companies":[{"name":"Gabriel India","is_primary":true,"profile_url":"https://akta.pro/company-profiles/000auj9/gabriel-india","website":"https://www.anandgroupindia.com/gabrielindia"}],"source":{"publisher":"ScanX","title":"Gabriel India incorporates Faurecia Anand Seating JV with ₹20 crore investment","url":"https://scanx.trade/stock-market-news/companies/gabriel-india-forms-joint-venture-faurecia-anand-seating/53965282"},"other_sources":[],"tags":["Partnerships","Gabriel India"],"body_markdown":"[Gabriel India](https://akta.pro/company-profiles/000auj9/gabriel-india) incorporated Faurecia Anand Seating India Private Limited on October 19, 2026, with an initial aggregate investment of ₹20 crore, according to [ScanX](https://scanx.trade/stock-market-news/companies/gabriel-india-forms-joint-venture-faurecia-anand-seating/53965282). The new entity was formed with Faurecia Automotive Seating India Private Limited to execute a previously agreed joint venture agreement.\n\n## Gabriel India's Faurecia Seating Joint Venture\n\nGabriel India holds 50% minus one equity share of the paid-up equity share capital, while FASI holds 50% plus one share. Gabriel India subscribed to 99,99,999 equity shares, aggregating to ₹9,99,99,990, and FASI subscribed to 1,00,00,001 equity shares, aggregating to ₹10,00,00,010, both at a face value of ₹10 each.\n\nThe incorporation follows the execution of the Joint Venture Agreement disclosed on October 6, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming the formal establishment of the entity as planned.\n\n## Gabriel India's Funding and Partnership Record\n\nGabriel India is the NSE-listed flagship company of the ANAND Group, which recorded US$2.2+ billion in revenue across 23 companies, according to akta.pro [company records](https://akta.pro/company-data). The company signed a joint venture, SK Enmove Gabriel India, with South Korea's SK Enmove, part of the SK Group, to enter India's automotive lubricants and EV fluids market, with a 51%/49% ownership split.\n\nGabriel India formed the joint venture Inalfa Gabriel Sunroof Systems with Dutch-based Inalfa Roof Systems to manufacture sunroofs for the Indian automotive market, with an investment of Rs 170 crore in a new Chennai facility with an initial capacity of 20,000 sunroofs per year. The company also holds an exclusive licensing agreement for TracTive proprietary suspension technologies in India.\n\n## Earlier Gabriel India Joint Ventures\n\nGabriel India and Faurecia signed a JV agreement to form Faurecia Anand Seating India Private Limited, with FORVIA holding 50% plus 1 share and Gabriel India 50% less 1 share, ScanX reported in October 2026. In August 2026, Gabriel India entered a strategic joint venture with South Korea-based HL Klemove, under which Gabriel India will become a strategic shareholder in HL Klemove India, Business Standard reported.\n\nGabriel India executed a Joint Venture Agreement and Share Purchase Agreement on August 21, 2026, to acquire a 30% minus one equity share stake in HL Klemove India Private Limited, ScanX reported.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}