Goldman Sachs Asset Management International has formally disclosed a reduction in its shareholding in Gokaldas Exports Limited. As of May 29, 2026, the firm’s stake has decreased to 3,705,208 shares, representing 5.058% of the company’s capital. This disclosure is made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sale of shares was conducted via open market transactions on the National Stock Exchange of India and Bombay Stock Exchange.
Shareholding Update for Gokaldas Exports
Goldman Sachs Asset Management International has issued a disclosure regarding its shareholding in Gokaldas Exports Limited. The announcement, dated June 2, 2026, confirms a reduction in its stake in the company.
Key Shareholding Changes
Prior to the recent transactions, Goldman Sachs Asset Management International, along with its Persons Acting in Concert (PACs), held 4,285,283 equity shares, which constituted 7.065% of the total share capital. This holding included shares owned by the seller and its PACs, specifically 3,417,838 shares by the seller and 867,445 shares by the PACs.
Following the sale of 580,075 equity shares, Goldman Sachs Asset Management International’s total holding, along with its PACs, now stands at 3,705,208 equity shares. This represents a post-sale stake of 5.058% of the company’s total capital, as of May 29, 2026. The shares sold comprised 498,311 from the seller and 1,416 from the PACs.
Transaction Details
The sale of shares was executed through open market transactions on both the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited. The date of the share acquisition, as applicable, is recorded as May 29, 2026.
Company Capital Structure
Before the sale, the equity share capital of Gokaldas Exports Limited comprised 60,651,494 equity shares. Post-acquisition, the equity share capital has increased to 73,247,228 equity shares. The total diluted share/voting capital also reflects this increase to 73,247,228 equity shares.
Previous Filings and Context
The previous filing by the Seller under Regulation 29(1) of the SEBI Takeover Code was on September 13, 2023, at which point the total shareholding percentage was 7.065%. Between September 13, 2023, and May 28, 2026, a total of 208,012 shares (0.284%) were sold in multiple tranches. The final sale of 372,063 shares (0.508%) on May 29, 2026, triggered this disclosure under Regulation 29(2) of the Takeover Code.
Source: BSE
