India, July 1 -- The Board of Directors of Gabriel India has approved a composite scheme of arrangement involving, inter alia, Gabriel India, Asia Investments (AIPL), and Anchemco India (formerly known as Andasia) (Anchemco).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 AIP...