Gokul Agro Resources has initiated a remote e-voting process seeking shareholder approval for the appointment of three Non-Executive Independent Directors. The e-voting facility opened on June 15, 2026, and will close on July 14, 2026, enabling members to vote on the resolutions regarding these appointments. The Board has recommended the appointment of Mr. Rajesh Chhaganbhai Tarpara, Dr. Pritha Dev, and Mr. Manharbhai Kurjibhai Jadav for a term of five years, subject to regulatory and shareholder approvals.

The Company has completed the electronic dispatch of the Postal Ballot Notice on June 12, 2026, to members whose email addresses are registered with the Company or its Registrar and Transfer Agent. The voting rights of members are proportionate to their shareholding as on the cut-off date of June 5, 2026. The appointments of Mr. Tarpara and Dr. Dev are effective from May 15, 2026, while Mr. Jadav's appointment is effective from June 8, 2026. These appointments are intended to strengthen the Board's governance structure with their diverse expertise in corporate law, economics, and infrastructure development.

Special Business Resolutions

The postal ballot notice outlines three special resolutions for the appointment of the directors:

• Mr. Rajesh Chhaganbhai Tarpara: Appointment for five years from May 15, 2026, to May 14, 2031.
• Dr. Pritha Dev: Appointment for five years from May 15, 2026, to May 14, 2031.
• Mr. Manharbhai Kurjibhai Jadav: Appointment for five years from June 8, 2026, to June 07, 2031.

Director Profiles

E-Voting Process

The Company has engaged National Securities Depository Limited (NSDL) as the e-voting service provider. Shareholders can cast their votes remotely until 5:00 P.M. (IST) on July 14, 2026. The results of the postal ballot will be announced on or before July 16, 2026. Members who do not receive the Postal Ballot Notice may download it from the Company's website or the websites of BSE Limited and National Stock Exchange of India Limited.

Gokul Agro Resources has received a Show Cause Notice from the Office of the Principal Commissioner of Customs, Custom House, Mundra port, alleging the company availed unlawful Duty Drawback and RoDTEP Scrips. The notice claims violations of Section 65 read with Section 58 of the Customs Act, 1962. The company stated that based on preliminary assessment and legal advice, it does not foresee any financial liability arising from this matter.

The Customs Department has alleged that Gokul Agro Resources availed unlawful Duty Drawback and RoDTEP Scrips for exported goods. The alleged amounts are ₹14,52,55,203 for Duty Drawback and ₹38,46,88,080 for RoDTEP Scrips. The period under scrutiny starts from May 11, 2021, to December 19, 2025. The company noted that the penalty amount has not been quantified yet, and no restrictions or sanctions have been imposed.

Details of the Allegation

The communication was received on June 11, 2026. The authority has identified aberrations regarding the availing of these scrips. The company is currently in the process of submitting appropriate responses in consultation with its legal advisors. It believes it has adequate grounds to substantiate its position and intends to file a response within the prescribed timelines.

The company confirmed that while exact financial implications cannot be determined until the proceedings conclude, it maintains that the claims are not valid. The filing was made to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.