17 Jan 2022 , 12:16 PM
“The company believes the new business prospects should be carried out under a new wholly-owned subsidiary company to manage the operations in an efficient manner and to be in a better position to service international customers,” Gokaldas Exports said in a filing on Friday.
Further, the company has formed a wholly-owned subsidiary, Sri Susamyuta Knits, on January 14, 2022. The board of Gokaldas Exports will consider October-December quarter results on January 21, 2022.
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