Gokul Agro Resources Limited has informed the Exchange that the Board of Directors at its meeting held on August 12, 2025, has considered and approved subdivision of 147543358 equity shares of 2 each into 295086716 equity shares of 1 each.
GOKULAGRO · price
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Gokul Agro Resources' board approved multiple items on August 12, 2025. Key business: stock split of 1 share (Rs. 2 face value) into 2 shares (Rs. 1 face value), with paid-up shares going from 14.75 crore to 29.51 crore. Q1 FY26 standalone revenue rose ~16% YoY to Rs. 4,625 crore and net profit jumped ~52% to Rs. 64.2 crore (EPS Rs. 4.35 vs Rs. 2.86). Consolidated profit grew ~31% to Rs. 71 crore on Rs. 4,924 crore revenue. The company also issued 10 lakh sweat equity shares to CMD Kanubhai Thakkar and 8 lakh to JMD Jayesh Thakkar at Rs. 303.56 per share, launched a new ESOP plan covering 28 lakh options, raised CEO remuneration to Rs. 17 lakh/month, and appointed M/s Pipara & Co LLP as new statutory auditor after Surana Maloo & Co completed their second term.
The stock split aims to improve retail affordability and liquidity. Q1 earnings show strong profit growth despite modest revenue rise, indicating margin expansion. Sweat equity to promoters and the new ESOP dilute existing shareholders slightly, while a planned auditor change signals routine governance transition rather than concerns.