Gokul Agro Resources' board has approved the issuance of sweat equity shares to Chairman and Managing Director, Kanubhai Jivatram Thakkar and Joint Managing Director, Jayesh Kanubhai Thakkar. The shares are valued at ₹304.70 per share, according to a regulatory filing on August 13, 2025.
The board has approved the issuance of 10,00,000 sweat equity shares to Kanubhai Jivatram Thakkar and 8,00,000 sweat equity shares to Jayesh Kanubhai Thakkar. The allotment of sweat equity shares will be completed in two tranches in the financial years 2025-2026 and 2026-2027.
The issue of sweat equity shares to Kanubhai Jivatram Thakkar accounts for 0.15% of the listed entity's annual consolidated turnover, while the issue to Jayesh Kanubhai Thakkar accounts for 0.12%.
The shareholders' resolution for the issuance of sweat equity shares will remain valid for a period of not more than twelve months from the date of passing the resolution.
The sweat equity shares are issued in lieu of the value additions made by Kanubhai Jivatram Thakkar and Jayesh Kanubhai Thakkar to the company.
Kanubhai Jivatram Thakkar has been associated with the company for around 11 years and Jayesh Kanubhai Thakkar has been associated with the company for around 10 years.
The sweat equity shares are issued at a fair value of ₹304.70 per share.
The issue of sweat equity shares to Kanubhai Jivatram Thakkar accounts for 0.15% of the listed entity's annual consolidated turnover, while the issue to Jayesh Kanubhai Thakkar accounts for 0.12%.
The shareholders' resolution for the issuance of sweat equity shares will remain valid for a period of not more than twelve months from the date of passing of the resolution.
The sweat equity shares are issued in lieu of the value additions made by Kanubhai Jivatram Thakkar and Jayesh Kanubhai Thakkar to the company.
Kanubhai Jivatram Thakkar has been associated with the company for around 11 years and Jayesh Kanubhai Thakkar has been associated with the company for around 10 years.
The sweat equity shares are issued at a fair value of ₹304.70 per share.
The issue of sweat equity shares to Kanubhai Jivatram Thakkar accounts for 0.15% of the listed entity's annual consolidated turnover, while the issue to Jayesh Kanubhai Thakkar accounts for 0.12%.
The shareholders' resolution for the issuance of sweat equity shares will remain valid for a period of not more than twelve months from the date of passing of the resolution.
The sweat equity shares are issued in lieu of the value additions made by Kanubhai Jivatram Thakkar and Jayesh Kanubhai Thakkar to the company.
Kanubhai Jivatram Thakkar has been associated with the company for around 11 years and Jayesh Kanubhai Thakkar has been associated with the company for around 10 years.
The shares are valued at ₹304.70 per share, according to a regulatory filing on August 13, 2025.
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