In compliance with the requirements of Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, Gokak Textiles has informed that Gokak Power & Energy Limited, subsidiary company of the Company has acquired 26% of the paid up equity share capital of Suryoday One Energy Private Limited from Shapoorji Pallonji Infrastructure Capital Company ,i.e 2600 equity share of Rs 10 each at an aggregate cash consideration of Rs 26,000 on September 7, 2017.
The above information is a part of company’s filings submitted to BSE.