Escorts Kubota Agri Machinery Business in June 2025 sold 11,498 tractors registering a growth of 2.2 percent as against 11,245 tractors sold in June 2024.

Domestic tractor sales in June 2025 were at 10,997 tractors as against 11,011 tractors in June 2024. Timely arrival of southwest monsoon, improvement in sown area for the Kharif crops and announcement of higher Minimum Support Prices (MSP) by the Government for the Kharif season have collectively helped in uplifting the farmers' sentiments. Moving forward with prediction of above normal monsoon, higher water reservoir levels, anticipated record kharif harvest and resultant improved liquidity conditions in rural markets, we expect industry will continue to grow in rest of the year as well.

Export tractor sales in June 2025 were at 501 tractors registering a growth of 114.1 percent as against 234 tractors sold in June 2024.

This Scheme will result into vesting of automotive business undertaking of AIPL comprising of business of Anchemco (engaged in manufacturing of brake fluids, radiator coolants, diesel exhaust fluid (DEF) / ad-blue, and PU/ PVC based adhesives) and investments in Dana Anand India (Dana), Henkel ANAND India (Henkel) and ANAND CY Myutec Automotive (ACYM) (Demerged Undertaking) into Gabriel.

Gabriel will issue 1,158 equity Shares of Rs 1 each for every 1,000 equity shares of Rs 10 each held in AIPL to the shareholders of AIPL.

This Scheme will consolidate the business of the Demerged Undertaking of AIPL in automotive components and products like drive train products including transmissions for EVs, Body in White and NVH Products and solutions, brass and steel synchroniser rings, aluminum forgings, brake fluids, radiator coolants and diesel exhaust fluids (DEF) / Ad-Blue for 2W, 3W and 4W vehicles and trucks and PU and PVC based adhesives into Gabriel. This inclusion, together with the recently added sunroof business, will transform Gabriel from a mono-product suspension company into a diversified, technology-driven mobility solutions provider, and reducing the dependency on a single product line by expansion into new segments, geographies, the aftermarket product range, and railways product range.

This arrangement will propel Gabriel to position itself as a preferred global OEM partner, enhance its customer base, embrace futuristic cutting-edge technology and strengthen aftermarket presence through diverse product portfolio. The Scheme will accelerate profitable growth with better margins, creating substantial shareholder value through EPS accretion and higher return on equity.