Gokak Textiles Ltd — Updates, 29-05-2025: Company Update

Gokak Textiles Limited has submitted its Annual Secretarial Compliance Report for FY 2024-25, confirming adherence to most statutory and regulatory requirements with one exception: a delay in filling a casual vacancy for a woman director, which resulted in a Rs. 5.31 lakh fine. The company initiated the selection process and appointed an experienced woman director subsequently. All other areas including board composition, policy adoption, disclosure norms, related party transactions, and insider trading compliance have been met satisfactorily. No actions were taken against the company by SEBI or stock exchanges during the year.