StockWatch
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Edible Oil
Board Meeting15 May 2026, 04:51 pm

Gokul Agro Board Approves ₹430 Cr Capex, Results

AI Summary

Gokul Agro Resources Ltd's board meeting on May 15, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. A ₹430 cr capex for capacity expansion across existing manufacturing units was approved, along with a ₹12.50 cr solar power project for captive use at the Krishnapatnam plant. Mr. Rajesh Chhaganbhai Tarpara and Dr. Pritha Dev were appointed as Non-Executive Independent Directors for 5 years, subject to shareholder approval.

Key Highlights

  • Audited financial results for FY26 approved with unmodified auditor's opinion.
  • ₹430 cr CAPEX approved for capacity expansion across existing plants.
  • ₹12.50 cr approved for a solar power project at Krishnapatnam plant.
  • Rajesh Tarpara & Pritha Dev appointed as Non-Executive Independent Directors.
  • Appointments subject to shareholder approval via postal ballot.