Gokul Refoils and Solvent Limited has secured shareholder approval to re-appoint Mr. Dharmendrasinh Rajput as Managing Director and Mr. Pankaj Granthsingh Kumar as an Independent Director. The resolutions were passed via a remote e-voting process conducted between June 3, 2026, and July 2, 2026, with an overwhelming majority of votes cast in favour.

The postal ballot sought consent for two special resolutions. The first resolution concerned the re-appointment of Mr. Dharmendrasinh Rajput (DIN: 03050088), while the second proposed the re-appointment of Mr. Pankaj Granthsingh Kumar (DIN: 01390881). The promoter group was interested in the resolution regarding the Managing Director but not in the resolution regarding the Independent Director.

A total of 69 members participated in the e-voting. The results showed that 76,469,456 shares were voted in favour of the resolutions, representing 99.9985% of the total votes polled. Conversely, 1,163 shares were voted against the proposals, accounting for 0.0015% of the total votes. No invalid votes were recorded during the process.

The detailed voting breakdown indicates strong support across all categories. The Promoter and Promoter Group cast 62,858,262 votes in favour, while Public Institutions and Public Non Institutions contributed 253,354 and 13,357,840 votes respectively. The scrutinizer, Yash Hineshkumar Mehta of Yash Mehta & Associates, confirmed the process was conducted fairly and transparently.

Voting Summary

The remote e-voting facility was available to equity shareholders as on the cut-off date of May 29, 2026. The scrutinizer unblocked the votes on July 2, 2026, in the presence of independent witnesses. The results have been submitted to the stock exchanges and uploaded on the company's website.

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