StockWatch
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Edible Oil
Board Meeting15 May 2026, 05:01 pm

Gokul Agro: Independent Directors Appointed, ₹430 Cr CAPEX Approved

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. The board also approved a CAPEX of ₹430 cr for capacity expansion and a ₹12.50 cr solar power project. Mr. Rajesh Chhaganbhai Tarpara and Dr. Pritha Dev were appointed as Non-Executive Independent Directors for 5 years, subject to shareholder approval via postal ballot. The meeting commenced at 3:00 P.M. and concluded at 4:30 P.M.

Key Highlights

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