Gokul Agro Resources: Postal Ballot Results Approved for Borrowing, Remuneration, and Object Clause Changes
Gokul Agro Resources Limited has announced the results of its postal ballot, which concluded on December 16, 2025. The e-voting period, managed by NSDL, ran from November 17, 2025, to December 16, 202...
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Why is Gokul Agro Resources Limited in the news today?
Gokul Agro Resources Limited (GOKULAGRO) is in the news due to all resolutions put forth for voting were passed with a significant majority, indicating positive shareholder sentiment and confidence in the company's proposals.
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Gokul Agro Resources: Postal Ballot Results Approved for Borrowing, Remuneration, and Object Clause Changes
December 17, 2025, 01:43 PM
Gokul Agro Resources Limited has announced the results of its postal ballot, which concluded on December 16, 2025. The e-voting period, managed by NSDL, ran from November 17, 2025, to December 16, 2025. Shareholders overwhelmingly approved several key resolutions.
These resolutions included the increase in the company's existing borrowing powers under Section 180(1)(c) of the Companies Act, 2013, and the approval for increasing limits for the sale, creation of mortgage, or charge on the company's assets under Section 180(1)(A).
Furthermore, shareholders reappointed Mr. Jayesh Kanubhai Thakkar as Joint Managing Director for a three-year term commencing June 9, 2026, and approved his remuneration for the same period. The revision in remuneration for Mr. Dipakkumar Kanubhai Thakkar, Executive Director, and the increase in remuneration for Mr. Nilesh Kanubhai Thakkar, President – Sales and Marketing, were also approved. Finally, the alteration of the company's Object Clause received shareholder approval.
All resolutions, including special and ordinary resolutions, were passed with a significant majority, indicating strong shareholder support for the company's proposed actions.
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