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Gokak Textiles informs about Outcome of Board Meeting

29 Jul 2015 Evaluate

Gokak Textiles has informed that the Board of Directors of the Company at its meeting held on July 28, 2015, has decided to issue Non-cumulative, Non-convertible, Redeemable Preference Shares of Rs 10 each, aggregating to Rs 20 Crores on Private Placement Basis to the Promoter/Promoter Group, subject to the approval of the shareholders by way of Special Resolution and to convene an Extra Ordinary General Meeting of the shareholders of the Company for this purpose. It was decided not to seek listing of the proposed issue of Preference Shares.

The above information is a part of company’s filings submitted to BSE.

Gokak Textiles Share Price

69.80 1.40 (2.05%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 126.75
Vardhman Textiles 549.50
Arvind 385.05
K.P.R. Mill 919.20
Page Industries 38400.65
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