# Gabriel India to buy 28.99% stake in HL Mando Anand India

Gabriel India will acquire a 28.99% stake in HL Mando Anand India Pvt. Ltd. from Asia Investments Pvt. Ltd. for 22.31 billion rupees (about $231.6 million).

- Type: Acquisition
- Announced: 2026-07-22
- Where: India
- Value: $231.6M (22.3B INR)
- Status: announced
- Products: auto components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Gabriel India](https://endata.com/companies/82535.md) (acquirer)
- [Asia Investments Private Limited](https://endata.com/companies/92196.md) (partner)
- [HL Mando Anand India](https://endata.com/companies/93130.md) (target)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5289647/gabriel-india-to-buy-2899-stake-in-hl-mando-anand-jv), 2026-07-22: "Gabriel India will acquire a 28.99% stake in HL Mando Anand India Pvt. Ltd. from Asia Investments Pvt. Ltd. for 22.31 billion rupees (about $231.6 million)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.