Gokaldas Exports has informed that the Fund Raise Committee of the board of directors of the Company has, at its meeting held on October 7, 2021, approved the allotment of 1,54,24,164 Equity Shares of face value Rs 5 each to eligible qualified institutional buyers at the issue price of Rs 194.50 per Equity Share [(including a premium of Rs 189.50 per Equity Share)] (which includes a discount of Rs 0.08; i.e., 0.04% of the floor price, as determined in terms of SEBI ICDR Regulations) aggregating to Rs 299,99,99,898 pursuant to the Issue.
The above information is a part of company’s filings submitted to BSE.
