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Gokul Refoils & Solvent will turn ex-date for the proposed scheme of arrangement.
The company, which is aiming to achieve geographical operational efficiencies and unlock value for shareholders, proposes to separate all businesses of Gokul Agro Resources (GARL) and Gokul Agri International (GAIL).
Accordingly, one share of GARL will be allotted for each share of Gokul Refoils. The boards of GAIL and GRSL will decide on the swap ratio or other considerations later.
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