UK components maker GKN has announced that, through its German subsidiary company GKN Automotive GmbH, it will increase its current 51% shareholding in GKN Driveshafts (India) Ltd.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The move follows an open offer to all public shareholders at Rs 55/- (79p) per share following an agreement with International Finance Corporation (IFC) to acquire its 14.1% shareholding of 1.8 million shares at Rs.55/- per share. 


Upon acquisition of the shares under offer and the IFC holding GKN’s shareholding will increase from 51% to 92.4%. The total cost to GKN will be £2.8 m for the shares acquired in this first open offer and £1.4m for the shares acquired from IFC.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact