Gokak Textiles Limited’s Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the board has re-appointed Mr. Gautam Kumtakar as Managing Director & Chief Executive Officer for a term of five years, effective January 08, 2027. The meeting also confirmed Mr. Kumtakar’s eligibility and confirmed his non-disqualification from holding directorships.
Board Approves Financials and Leadership Appointment
Gokak Textiles Limited announced today that its Board of Directors, following a meeting on November 13, 2026, has formally approved the unaudited financial results for the quarter and half-year ended September 30, 2026. This approval encompasses both standalone and consolidated financial statements.
Leadership Re-appointment
In a significant governance decision, the Board has re-appointed Mr. Gautam Kumtakar as the Managing Director & Chief Executive Officer of the Company. This reappointment is effective from January 08, 2027, and will be for a term of five (5) years. Mr. Kumtakar has also been re-appointed as a Whole-time Director of Gokak Power & Energy Limited, a material subsidiary, for the same period.
Mr. Kumtakar has confirmed his eligibility for the role, stating he is not disqualified and has not been debarred by any regulatory authority from holding such an office.
Meeting Details
The Board Meeting commenced at 02:30 PM and concluded at 03:45 PM on November 13, 2026.
Source: BSE
