Gokak Textiles has informed that a meeting of the Board of Directors of the Company will be held on December 2, 2016 to approve the Unaudited Financial Results for the quarter and half year ended September 30, 2016 with Limited Review Report by Statutory Auditors of the Company. Further intimate that the Board of Directors would also consider a proposal, subject to the approval of the shareholders, to issue Non-convertible Redeemable Preference Shares on private placement basis to the Promoters/Promoter Group. In accordance with the Company’s ‘Code for Prevention of Insider Trading and Code of Corporate Disclosure Practices’, the Trading Window would remain closed from November 25, 2016 and shall open 48 hours after the results are made public.
The above information is a part of company’s filings submitted to BSE.
