Gokaldas Exports Limited has announced a key leadership appointment, naming Mr. Balakrishna Shetty as Chief Operating Officer - India, effective April 02, 2026. The company disclosed this senior management appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Appointment Details

The appointment was formally communicated to both BSE Limited and National Stock Exchange of India Limited on April 03, 2026. Mr. Shetty's designation as Chief Operating Officer - India positions him as a key member of the senior management personnel at Gokaldas Exports Limited.

Professional Background and Qualifications

Mr. Balakrishna Shetty brings substantial expertise to his new role, with over 33 years of extensive experience in the apparel and textile manufacturing industry. His career trajectory demonstrates deep specialization in textile technology and operations management.

Educational Credentials

• M. Tech (Textiles) from Bangalore University
• B. Tech (Textiles) from University of Mysore

His educational background in textile technology, combined with his extensive industry experience, positions him as a seasoned textile technologist capable of driving operational excellence in Gokaldas Exports' India operations.

Previous Industry Experience

Before joining Gokaldas Exports Limited, Mr. Shetty served as Chief Operating Officer at Shahi Exports, where he gained valuable leadership experience in textile and apparel manufacturing operations. This background in similar industry roles provides him with relevant insights into the operational challenges and opportunities within the textile export sector.

Regulatory Compliance

The appointment disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced compliance with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, ensuring full regulatory adherence in announcing this senior management change.

The appointment reflects Gokaldas Exports Limited's commitment to strengthening its leadership team with experienced professionals who possess deep industry knowledge and operational expertise in the textile and apparel manufacturing sector.

Gokaldas exports Limited has announced the allotment of 7,350 equity shares under its Employee Stock Option Plan 2022, as approved by the company's Nomination and Remuneration Committee. The development was communicated to stock exchanges on March 10, 2026, in compliance with regulatory requirements.

Share Allotment Details

The company allotted 7,350 equity shares with a face value of Rs. 5 each under the 'GEL Employee Stock Option Plan 2022'. This allotment was executed pursuant to Regulation 30 read with Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Impact on Share Capital

Following the allotment, the company's paid-up share capital structure has been revised. The share capital has increased from the previous level to accommodate the newly allotted shares.

Regulatory Compliance

The allotment was communicated to both BSE Limited and National Stock Exchange of India Limited as part of the company's disclosure obligations. The notification was signed by Gourish Hegde, Company Secretary and Compliance Officer, ensuring adherence to regulatory requirements under SEBI listing regulations.

The Employee Stock Option Plan 2022 represents the company's commitment to employee participation in equity ownership, allowing eligible employees to acquire shares at predetermined terms and conditions as outlined in the plan framework.