Gokul Refoils & Solvent announced that Chetna Vyas has ceased to serve as an Independent Director on its Board of Directors. Her tenure ended on September 9, 2026, marking the completion of her second and final term in the role.

The company disclosed the change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed with both the BSE and NSE on September 10, 2026.

Board Transition Details

Ms. Vyas, identified by DIN 10745894, stepped down automatically upon the expiry of her re-appointment term. The filing confirms that this was not a resignation or removal but a standard conclusion of her mandated service period.

The Board of Directors and management expressed appreciation for Ms. Vyas’s contributions during her association with the company. No immediate successor was named in the disclosure.

Gokul Refoils & Solvent promoter Bhikhiben Balvantsinh Rajput acquired 50,000 equity shares of the company in the open market on September 2, 2026. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition increased Rajput’s individual stake from 23.29% to 23.34% of the total share capital. The purchase adds 0.05% to her voting rights holding.

Shareholding Details

Rajput held 2,30,57,607 shares before the transaction. Following the acquisition of 50,000 shares, her total holding stands at 2,31,07,607 equity shares.

Promoter Group Holding

The promoter group, including persons acting in concert (PAC), holds a combined stake of 73.93% after the transaction. This represents an increase from 73.88% prior to the acquisition.

Key PAC members include Balvantsinh Chandansinh Rajput, Dharmendrasinh Rajput, Arjunsinh Rajput, and Profitline Securities Pvt. Ltd. None of these entities participated directly in this specific share purchase.

Capital Structure

The company’s total equity share capital remains unchanged at ₹19,79,90,000, divided into 9,89,95,000 equity shares of ₹2 each. There were no changes to pledged shares or convertible securities associated with this transaction.