Gokul Refoils & Solvent promoter Bhikhiben Balvantsinh Rajput acquired 9,750 equity shares of the company on August 20, 2026, through an open market transaction. The purchase was disclosed to stock exchanges under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition increased Rajput's individual shareholding from 2,27,79,000 shares (23.0103%) to 2,27,88,750 shares (23.0201%). The transaction added 0.0098% to her voting power in the company.

Promoter Group Holdings

The promoter group, which includes Rajput and persons acting in concert (PAC), maintains a consolidated stake of 73.61% in the company. The PAC members include Balvantsinh Chandansinh Rajput, Dharmendrasinh Rajput, Arjunsinh Rajput, and Profitline Securities Pvt. Ltd. None of the other PAC members transacted during this period.

Capital Structure Details

The total equity share capital of Gokul Refoils remains unchanged at ₹19,79,90,000, divided into 9,89,95,000 equity shares of ₹2 each. There were no encumbrances, warrants, or convertible securities involved in the transaction. The diluted voting capital also remains at 9,89,95,000 shares.

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.