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Gokaldas Exports Limited ( (IN:GOKEX) ) just unveiled an announcement.
Gokaldas Exports Limited has announced that there have been no deviations or variations in the utilization of funds raised through a Qualified Institutional Placement (QIP) as per Regulation 32 of SEBI regulations. The funds, amounting to Rs. 600 Crores, were allocated for various purposes, including debt repayment and investment in subsidiaries, and have been utilized as planned, indicating effective financial management and strategic alignment with company objectives.
More about Gokaldas Exports Limited
Gokaldas Exports Limited operates within the textile and apparel industry, primarily focusing on manufacturing and exporting garments. The company is known for its production of high-quality apparel with a significant market presence in both national and international markets.
YTD Price Performance: -14.51%
Average Trading Volume: 15,935
Current Market Cap: 69.73B INR
For a thorough assessment of GOKEX stock, go to TipRanks’ Stock Analysis page.