Gokaldas Exports Limited (NSEI:GOKEX) will look for acquisitions. Sivaramakrishnan Ganapathi Vice Chairman and Managing Director said during the third quarter fiscal year '24 earning conference call, "So this is just an enabling resolution to potentially raise capital in any form in the year ahead. We will discuss internally and with the Board to see how and when to go about raising this capital.

At the moment, we are only seeking an enabling resolution, which will permit us to have funds for future growth. Keep in mind that we are generating cash every quarter, and we will continue to do so going forward as well, and with some of these acquisitions, our cash generation will increase. But having said all of that, we are also conscious of tapping the market -- tapping the opportunities in the market for growth.

So we will look at all of these possibilities and take an appropriate decision going forward".