Outcome of board meeting of Gokaldas Exports

Held on 05 January 2016

Gokaldas Exports announced that the Board of Directors of the Company at its meeting held on 05 January 2016, have decided to Transfer/Sale of Land, Building and related assets pertaining to its properties:-

1. Global Garments Unit-III, No. 40/1-1 (old No. 17/D), Industrial Suburb, Ward No. 10,1st and 2nd stage, Mahalakshmipura, Yeshwanthpur.

2. No. A-7/1, I.D.A, Nacharam Industrial Area, Sy No. 56, Rangareddy District, Hyderabad - 500 076.

3. Plot No. 28D & 28E in Sy No. 318 & 51 in Belavadi Industrial Area, Belavadi Village, Kasaba Hobli, Mysore Taluk, Mysore District.

4. Balaji Fashion House, No.61, 1st Main, Industrial Suburb, lInd Stage, Yeshwanthpur, Bangalore.

 

Further, the Board has decided to seek the consent of shareholders by way of Postal Ballot to this effect.

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