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Gabriel India Limited -Acquisition Financing

Submitted by kcoadmin on Thu, 09/24/2026 - 18:12

Khaitan & Co advised Gabriel India in relation to the private placement of unsecured, listed, non-convertible debentures aggregating up to INR 1,000 crores (Issue). The proceeds of the Issue were primarily utilised to part-finance the acquisition of a 28.99% stake in HL Mando Anand India. Citigroup Global Markets India and Hongkong and Shanghai Banking Corporation (HSBC) acted as arrangers to the Issue.

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Deal Details
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Gabriel India
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Core Team

The core team consisted of Manisha Shroff (Partner), Chirag Gohil (Senior Associate), Akshansh Sharma (Senior Associate), Priyam Indurkhya (Associate) and Shravasti Yadav (Associate).