Bhikhiben Balvantsinh Rajput, a promoter of Gokul Refoils & Solvent Limited , increased her shareholding by acquiring 18,500 equity shares on June 17, 2026. The transaction, executed via the open market, raised her total voting rights in the edible oil manufacturer to 23.0103%.

The disclosure was submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, Rajput held 2,27,60,500 shares, representing 22.9916% of the total paid-up share capital. The additional purchase of 18,500 shares, constituting 0.0187% of the capital, brought her total holding to 2,27,79,000 shares.

The total equity share capital of Gokul Refoils & Solvent Limited stands at ₹19,79,90,000, divided into 9,89,95,000 equity shares of ₹2 each. The transaction did not alter the company's overall equity structure. Along with Rajput, the promoter group includes Persons Acting in Concert (PAC) such as Balvantsinh Chandansinh Rajput, Dharmendrasinh Rajput, Arjunsinh Rajput, and Profitline Securities Pvt. Ltd.

The combined shareholding of the acquirer and the PACs, excluding the latest transaction, stood at 7,28,41,272 shares, or 73.58% of the total capital. Following the acquisition of 18,500 shares by Bhikhiben Balvantsinh Rajput, the aggregate promoter group holding increased to 7,28,59,772 shares, representing 73.60% of the total share capital.

Shareholding Details

Gokul Refoils & Solvent Ltd has commenced the remote e-voting process for its postal ballot, seeking shareholder approval for the re-appointment of its Managing Director and an Independent Director. The company published the notice in the Financial Express on June 2, 2026, informing members about the voting process which is now available exclusively through electronic means. Shareholders whose names appear on the register of members as of Friday, May 31, 2026, are eligible to participate in the voting process.

The remote e-voting facility is available from 9:00 A.M. (IST) on Friday, June 7, 2026, until 5:00 P.M. (IST) on Monday, July 6, 2026. The notice has been dispatched to members via electronic mode, and physical copies have not been sent in compliance with SEBI Listing Regulations and MCA circulars. Mr. Abhinav Mathur, Company Secretary and Compliance Officer, signed the notice on behalf of the Board.

Re-appointment of Managing Director

The Board of Directors has approved the re-appointment of Mr. Dharmendrasinh Rajput (DIN: 03050088) as Managing Director and Key Managerial Personnel for a period of five years. His tenure is proposed to commence on June 10, 2026, and conclude on June 9, 2031. The remuneration proposed is up to ₹24,00,000 per annum, payable by way of salary, allowances, perquisites, and other benefits within the limits prescribed under the Companies Act, 2013, and SEBI Listing Regulations.

Re-appointment of Independent Director

Shareholders are also asked to approve the re-appointment of Mr. Pankaj Granthsingh Kumar (DIN: 01390881) as an Independent Director. Currently serving a term ending July 31, 2026, he is proposed to be re-appointed for a second consecutive term of one year, effective from August 1, 2026, to July 31, 2027. The Board has determined that Mr. Kumar fulfills the independence criteria specified under the Companies Act, 2013, and the SEBI Listing Regulations.

Key Voting Details

The company has engaged CDSL services for the e-voting facility. A Scrutinizer has been appointed to oversee the voting process, and the results will be declared within the stipulated time limit and posted on the company's website and stock exchanges. The table below summarizes the critical dates for the e-voting process: