Gokul Agro Resources has informed that the Board of Directors of the Company at its meeting held today i.e., November 08, 2021, has approved the following transactions: Took note of In-principle Approvals received from National Stock Exchange of India and BSE; Redemption of 45,00,000 Non-Convertible Non-Cumulative Redeemable Preference Shares of Rs 100 each; and allotment of 1,11,77,347 Equity Shares of the Face Value Rs 2 each fully paid up, on a preferential basis.
The above information is a part of company’s filings submitted to BSE.