Gabriel India Limited Announces Incorporation of Wholly Owned Subsidiary, Gabriel Europe Engineering Centre Situated at Belgium
July 15, 2023 at 07:53 am EDT
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Gabriel India Limited has incorporated a wholly owned subsidiary named Gabriel Europe Engineering Centre (G.E.E.C.) situated at Belgium. The authorized share capital and paid-up share capital of G.E.E.C. is EUR 5,000 divided into 1,000 equity shares of face value of EUR 5 each each. G.E.E.C. is incorporated on July 14, 2023.
Gabriel India, Promoter has 100% holding in G.E.E.C. Gabriel India has incorporated G.E.E.C. to undertake the business of conducting research and development, purchasing, selling, renting and promoting technology and product of specific vehicle components, systems and allied processes including all related services thereto. Developing, applying for and commercializing patents and licenses.
Gabriel India Limited is an India-based auto component company. The Company specializes in manufacturing ride control components such as shock absorbers, struts, and front forks. It is engaged in the trading of automobile components. The Company has a presence across various business segments, including two- and three-wheelers, passenger cars, commercial vehicles, railways and aftermarket. It offers various products, such as canister shock absorber, telescopic front fork, inverted front fork (canister and big piston design), mono shox, shock absorbers rear shock absorbers, strut assembly, FSD suspension, axle dampers, cabin dampers, seat dampers, double-acting hydraulic shock absorbers for conventional coaches for integral coach factory (ICF), shock absorber for EMU/ MEMU/DMU coaches, dampers for diesel locomotives, shock absorbers, MacPherson struts, gas springs, brake pads, drive shafts, suspension parts, suspension and strut bush kits, OC springs, coolants and front fork components.