ALPHA TRIBE

Gokaldas Exports LimitedBoard Meeting, 09-08-2025: Outcome of Board Meeting

09-08-2025 | 08:47 am

Gokaldas Exports' Board has approved a scheme to merge BRFL Textiles Private Limited into the company. This strategic move aims to create a vertically integrated business, securing fabric supply for Gokaldas's garment manufacturing. BRFL brings assets worth INR 877.13 Cr and a turnover of INR 371.42 Cr. Shareholders of BRFL can choose between receiving Gokaldas shares only or a mix of shares and cash. This merger is expected to boost operational efficiency and improve Gokaldas's margins. The scheme awaits shareholder and other necessary approvals.

No comments yet. Be the first to comment!

All announcements from Gokaldas Exports Limited