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Gokak Textiles CEO, MD, chairman, board of directors and AGM

BSE: 532957Textiles & ApparelsSmall Cap

Last close ₹58.00down ₹4.96 (7.88%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹62.96.

52-week range of traded prices to 23 Oct 2026
₹51.00Low, 9 Sep 2026₹90.99High, 6 Nov 2025
Market cap
₹38 Cr3,560th largest listed
P/E
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Net worth zero or below
ROCE
−1.1%
Debt to equity
Net worth zero or below
Volume, BSE
1,817

Gokak Textiles board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.

  • ChairpersonVinod BhandawatRelated to the promoter
  • Managing director and CEOGautam Vasant Kumtakar
  • Company Secretary and Compliance OfficerRakesh M. Nanwani

6 directors3 independent1 executive2 non-executive

  • Nikhil Jaysinh BhatiaIndependent · joined May 2019 · reappointed May 2024 · 85 months as independent · 4 listed boards · 4 as independent · 1 committee seat, 5 as chair
  • Vinod Bhandawat · ChairpersonNon-executive · joined Jan 2021 · reappointed Sep 2024 · 1 listed board · 1 committee seat
  • Gautam Vasant Kumtakar · Managing director and CEOExecutive · joined Jan 2024 · 1 listed board · 3 committee seats
  • Sunita KhannaNon-executive · joined Aug 2024 · reappointed Aug 2025 · 1 listed board
  • Ganesan RajamaniIndependent · joined Jan 2025 · 17 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Sanjiv Suresh TipnisIndependent · joined May 2025 · 13 months as independent · 1 listed board · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Pradip N. Kapadia, left 28 Dec 2024: Tenure Completion
  • D. G. Prasad, left 28 Dec 2024: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 28 May 20266 of 6 present3 independent · 104 days in between
    • 12 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair Nikhil Bhatia

    Ganesan Rajamani, Gautam Kumtakar

    • 28 May 20263 of 3 present2 independent · 68 days in between
    • 12 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Nikhil Bhatia

    Vinod Bhandawat, Ganesan Rajamani

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Nikhil Bhatia

    Vinod Bhandawat, Gautam Kumtakar

    • 20 Mar 20263 of 3 present1 independent · 35 days in between
  • Corporate Social Responsibility Committee

    Chair Nikhil Bhatia

    Vinod Bhandawat, Gautam Kumtakar

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Batliboi and PurohitPeer-review certificate valid to Apr 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Gokak Textiles AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Gokak Textiles share news and announcements

Annual general meeting, 24 Sep 2026

9,099 shareholders on the register on 17 Sep 2026; present: 1 promoter and 50 others; votes counted by Kiran B. Desai / KDSH & Associates LLP, Company Secretaries.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Report of the Board of Directors and the Auditors thereon and b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Report of the Auditors thereonMoreLess
    Ordinary
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.04%

    Turnout: all 74.62% · promoters 100.00% · institutions 0.00% · other public 5.07%

  2. To appoint a Director in place of Mr. Vinod Bhandawat (DIN: 02873571), who retires by rotation at this Annual General Meeting and being eligible offers himself, for re-appointment.
    Ordinary
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.18%

    Turnout: all 74.62% · promoters 100.00% · institutions 0.00% · other public 5.07%

  3. Ratification of remuneration to Cost Auditor of the Company for the Financial Year 2026-27.
    Ordinary
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.04%

    Turnout: all 74.62% · promoters 100.00% · institutions 0.00% · other public 5.07%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Dec 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.