Gokaldas Exports Limited announced a private placement of 2,731,366 common shares at a price of INR 906.14 per share for the gross proceeds of INR 2,474,999,987.24 on March 13, 2024. The transaction included participation from new investor, Matrix Clothing Pvt. Ltd. The transaction included participation from new investor, Matrix Clothing Pvt.

Ltd. The transaction has been approved by the shareholders of the company.