Gokul Agro Approves ₹430 Cr Capex, ₹12.5 Cr Solar Project & Appoints Two Directors
Gokul Agro's Board approved audited financial results for Q4FY26 and FY26. Key approvals include ₹430 crore CAPEX for expansion and a ₹12.5 crore solar project. Mr. Rajesh Chhaganbhai Tarpara and Dr. Pritha Dev were appointed as Independent Directors for 5 years.
The substantial CAPEX for capacity expansion and the investment in a solar power project are material developments that are expected to significantly impact the company's operational capabilities and future performance. The appointment of new directors also strengthens the board.
The approval of significant capital expenditure for expansion and a solar power project, along with the appointment of new directors, indicates positive future growth and strategic development for the company.
Gokul Agro Resources Limited announced the outcome of its Board Meeting held on May 15, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, with an unmodified opinion from the auditors.
Key approvals included a Capital Expenditure (CAPEX) of ₹430 crore for capacity expansion across its existing manufacturing units. Additionally, a Solar Power Project amounting to ₹12.50 crore was approved for captive use at its Krishnapatnam Plant in Andhra Pradesh.
The company also appointed Mr. Rajesh Chhaganbhai Tarpara and Dr. Pritha Dev as Non-Executive Independent Directors for a period of 5 years, effective May 15, 2026, subject to shareholder approval. The company will conduct a postal ballot for this purpose.
The Board meeting commenced at 3:00 PM and concluded at 4:30 PM.
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