Gokaldas Exports Limited — Updates, 09-08-2025: Press Release

Gokaldas Exports (GEX) board approved the amalgamation of BRFL Textiles (BTPL), a strategic move to vertically integrate fabric manufacturing. This integration aims to bolster GEX's supply chain, driving operational and financial efficiencies. BTPL's financials include assets of Rs 877.13 Cr, net worth of Rs 147.57 Cr, and FY25 turnover of Rs 371.42 Cr. GEX previously held a 19% stake in BTPL. The amalgamation scheme offers BTPL shareholders options: pure GEX equity (40 GEX shares for 3,581 BTPL shares) or a cash-plus-equity mix (30 GEX shares + Rs 8,952.50 for 3,581 BTPL shares). Total acquisition cost, including GEX's prior stake, is Rs 552 Cr.