Gokak Textiles has received an approval for the arrangement for purchase of power for a tenure of 10 years from Suryoday One Energy, a related party entity, for an approximate value of Rs 5.50 crore per year. The Board of Directors of the company at their meeting held on July 03, 2018, approved the same.
Gokak Textiles’ principal activity is to manufacture and distribute textile products. The company's product range includes yarn, blended Yarn, Cotton canvas, fabric, terry towel, knitted garments and other related products.