Archive · 10 Aug 2025
Gokaldas Exports Approves BRFL Textiles Merger
Gokaldas Exports, a clothing exporter, is merging with BRFL Textiles, a fabric manufacturer.
This means one company will control both making clothes and the fabric.
The merger will help the company by making things more efficient.
Shareholders of BRFL Textiles can choose to get shares in Gokaldas Exports or a mix of shares and cash.
Gokaldas Exports invested in BRFL Textiles before.
The total cost for Gokaldas Exports to acquire shares will be ₹552 crore.
Gokaldas Exports' board approved the amalgamation of BRFL Textiles Pvt Ltd.
The merger aims to integrate the supply chain for Gokaldas Exports.
Shareholders of BRFL Textiles can choose equity or cash plus equity.
Gokaldas Exports made strategic investments in BRFL Textiles last year.
The total acquisition cost of shares will be ₹552 crore.
- Who
- Gokaldas Exports and BRFL Textiles Pvt Ltd.
- What
- Gokaldas Exports' board approved the amalgamation of BRFL Textiles Pvt Ltd.
- When
- Approved on August 9.
- Where
- Bengaluru.
- Why
- To create a vertically integrated business with operational and financial efficiencies.
BTPL Shareholders
Gokaldas Exports
Shareholder Options
BTPL Shareholders
Receive 40 fully paid equity shares of ₹5 each of GEX for every 3,581 equity shares of ₹10 held in BTPL
Gokaldas Exports
Receive 30 fully paid equity shares of ₹5 each of GEX and cash of ₹8,952.50 for every 3,581 shares of ₹10 held in BTPL
- Company
- Gokaldas Exports
- Target
- BRFL Textiles Pvt Ltd
- Purpose
- Amalgamation
- BTPL Assets
- ₹877.13 crore
- BTPL Turnover (FY25)
- ₹371.42 crore
- Acquisition Cost
- ₹552 crore