Gokaldas Exports announced the closure of its QIP issue on 23 April 2024. The fund raise committee of the company has determined and approved the issue price of Rs 775 per equity share (including a premium of Rs 770 per equity share) which takes into account a discount of 1.90% (i.e. Rs 14.99 per equity share) on the floor price of Rs 789.99 per equity share. The QIP was opened on 18 April 2024. Powered by Capital Market - Live News

Gokaldas Exports has launched a qualified institutional placement of equity shares today with floor price of Rs 789.99 per equity share. Powered by Capital Market - Live News

Gokaldas Exports has allotted 27,31,366 equity shares of face value of Rs 5 each at a price of Rs 906.14 per equity share for an aggregate amount of Rs 247.50 crore to Matrix Clothing (MCPL) on preferential basis for a consideration other than cash, to discharge a portion of the consideration payable by the Company for acquiring 100% of the equity share capital of Matrix Design & Industries from MCPL. Further, the company will be making a cash payment of Rs 75.56 crore subject to withholding tax towards remaining portion of the consideration payable to MCPL. Powered by Capital Market - Live News

Gokaldas Exports, through its wholly-owned subsidiary, Nava Apparels L.L.C-FZ, Dubai (Nava) has completed the acquisition of 100% shares of Coral Investments (Coral) from Solaris � III Investments. As a result of this, Nava and the Company have indirectly also acquired 100% shares of Ashton Apparel Manufacturing PLC, which is a subsidiary of Coral.Powered by Capital Market - Live News

Gokaldas Exports announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 29 February 2024 .Powered by Capital Market - Live News