Gokaldas Exports gains 13%; to sell assets in Bangalore, Mysore

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26 Aug, 2025 12:21

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Moneycontrol BureauShares of Gokaldas Exports surged 13 percent intraday Wednesday on approval of sale/transfer of its assets in Bangalore, Hyderabad and Mysore.The company at its meeting held on January 5, 2015 has approved the sale of its Global Garments Unit-III situated at Mahalakshmipura, Yeshwanthpur.The company is going to sell its two plots in Mysore and one plot in Hyderabad. And also, the Balaji Fashion House in Bangalore.The board has decided to seek the consent of shareholders by way of postal ballot to this effect.At 09:31 hrs Gokaldas Exports was quoting at Rs 73.05, up Rs 7.10, or 10.77 percent on the BSE.Posted by Rakesh Patil