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Garment maker Gokaldas Exports Ltd has decided to put a few of its assets on sale.
The company has decided to sell off Balaji Fashion House and Global Garments Unit-III in Bengaluru, two plots in Mysuru and a plot in Hyderabad. It has also decided to seek shareholders’ approval to sell these properties.
Gokaldas’ shares closed 5.16 per cent higher at ₹69.35 following the board’s decision to sell the assets.
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