Gopal Snacks Ltd

Gopal Snacks Limited has announced a Board of Directors meeting scheduled for November 2, 2026. The primary agenda items include the consideration and approval of the unaudited standalone financial results for the quarter and half-year ended September 30, 2026, along with the auditor's limited review report. Additionally, the Board will decide on the declaration and payment of the first interim dividend for the fiscal year 2026-27, if any. The record date for determining dividend entitlement has been set for November 6, 2026, subject to Board approval. The company also reminded stakeholders that the trading window for securities will remain closed from October 1, 2026, until 48 hours after the financial results are declared, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Gopal Snacks Limited has announced a Board of Directors meeting scheduled for November 2, 2026. The primary agenda items include the consideration and approval of the Unaudited Standalone Financial Results for the quarter and half-year ended September 30, 2026, along with the auditor's limited review report. Additionally, the Board will consider the declaration and payment of a first interim dividend for FY 2026-27, if any. The record date for dividend entitlement is set for November 6, 2026. The company also confirmed the trading window closure from October 1st until 48 hours after the financial results declaration.

Gopal Snacks Ltd has received approval for a full and final insurance claim of ₹363.98 million (₹36.39 Crore) related to a fire incident at its production unit in Rajkot, Gujarat, on December 11, 2024. This final payout, combined with interim payments and income from scrap sales, brings the total aggregate amount received towards the fire claim to ₹774.27 million (₹77.43 Crore). The company had previously provided updates on the incident and its impact.

Gopal Snacks Ltd has announced the closure of its trading window for designated persons and their immediate relatives. The window will be shut from October 1, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026. The specific date for the board meeting to approve these results will be communicated later. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent insider trading.

Gopal Snacks Ltd has received a Show Cause Notice (SCN) from the Assistant Commissioner of State Tax, Unit 27, Modasa, Gujarat. The SCN, issued under Section 73 of the CGST Act, 2017, pertains to GST liabilities for the financial year 2022-23 at its Modasa facility. The total demand specified in the notice is ₹4,11,02,747, comprising ₹2,25,98,806 in tax, ₹1,61,83,882 in interest, and ₹23,20,059 in penalty. The company stated that the intimation relates to Input Tax Credits and reconciliatory aspects. Gopal Snacks is confident in providing necessary information and documentation to have the SCN dropped and asserts that there is no material impact on its financials, operations, or other activities.

Gopal Snacks Ltd. announced that its shareholders, at the 17th Annual General Meeting held on September 18, 2026, approved the re-appointment of Mr. Bipinbhai Vithalbhai Hadvani as the Chairman and Managing Director. The new term is for five years, effective from October 1, 2026, until September 30, 2031. Mr. Hadvani, the founder, brings over 30 years of experience in the ethnic savoury industry and is credited with expanding the company's network across 13 states. The company confirmed he is not debarred by SEBI. He is also related to other executive directors, being the spouse of Mrs. Dakshaben Bipinbhai Hadvani and father of Mr. Raj Bipinbhai Hadvani.

Gopal Snacks Limited has commissioned a new Besan manufacturing unit at its existing Nagpur facility, enhancing its backward integration. The unit has an installed capacity of 19,642 MT per annum. This expansion is expected to reduce transportation costs from Rajkot to Nagpur, simplify material movement, and improve the overall efficiency of Nagpur operations. The company anticipates recurring cost benefits from this one-time capital expenditure. The Nagpur facility is a critical manufacturing hub for growth outside Gujarat, producing various snack categories. This move aligns with the company's strategy of investing in areas that deliver lasting operating benefits and supports its growth plans in a challenging environment.

Gopal Snacks Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as mandated by SEBI regulations. The report, an integral part of the company's annual report, details its corporate identity, business activities, operational footprint, and employee statistics. The company's primary business involves manufacturing and trading food products, with potato chips, namkeen, and other snacks contributing over 90% of its turnover. The BRSR is filed on a standalone basis and is available on the company's website. Key disclosures include details on its 4 manufacturing plants and 1 office location across India, serving 13 states nationally and 9 countries internationally, with exports accounting for a minimal 0.11% of total turnover. Employee data highlights a total workforce of 4115 workers and 1455 employees, with specific breakdowns for gender and permanent/non-permanent status. The report also notes the participation of women on the Board of Directors (25%) and Key Management Personnel (0%).

Gopal Snacks Ltd has announced its 17th Annual General Meeting (AGM) will be held on September 18, 2026, at 3:00 PM IST. The meeting will be conducted virtually via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for FY 2025-26, confirmation of interim dividends totaling ₹1.00 per equity share, and the re-appointment of a director retiring by rotation. Additionally, the AGM will consider the re-appointment of Mr. Bipinbhai Vithalbhai Hadvani as Chairman and Managing Director (CMD) for a five-year term starting October 1, 2026. E-voting will be open from September 15 to September 17, 2026.

Gopal Snacks Ltd has filed its Annual Report for the financial year 2025-26, as per SEBI Listing Regulations. The report is being sent electronically to members with registered email addresses and via web-link for others. The report highlights the company's journey from its founding in 1999 by Bipin Hadvani to becoming a leading FMCG company. It emphasizes Gopal's commitment to authentic Indian flavors, global expansion, and maintaining consumer trust through quality and consistency across its diverse product portfolio, which includes traditional savouries, western snacks, snack pellets, sweets, and consumer goods.