News ArticleGokul Agro Reports Q2 and H1 FY2026-27 Financials and Approves 14 MWp Solar Power Expansion
Company plans Rs. 38 crore solar project at Gujarat and Karnataka plants and grants 8.47 lakh stock options to employees
Gokul Agro Resources Limited announces its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company also approves a 14 MWp solar power project with a capital outlay of Rs. 38 crore for captive consumption at its plants in Gujarat and Karnataka, along with granting 8,47,800 stock options to eligible employees under its Employee Stock Option Plan 2025.
Gokul Agro Resources Limited
Capacity Expansion
Gokul Agro Resources Limited released its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Additionally, the board approved a new 14 MWp solar power installation valued at Rs. 38 crore and granted 8,47,800 stock options to eligible employees under the Employee Stock Option Plan 2025.
The unaudited financial statements for Q2 and H1 FY2026-27 were reviewed by M/s Pipara & Co LLP and comply with SEBI regulations.
The solar power project consists of 10 MWp capacity at the Gandhidham plant in Gujarat and 4 MWp capacity at the Mangalore plant in Karnataka, intended for captive consumption to support operations.
The total capital outlay for the solar installation project is Rs. 38 crore plus applicable taxes.
The Nomination & Remuneration Committee approved the issuance of 8,47,800 stock options under the ‘Gokul- Employee Stock Option Plan 2025’ to eligible employees.
The related disclosures as required under SEBI Circular dated January 30, 2026, are filed as annexures alongside the financial results.
Highlights
- Unaudited standalone and consolidated financial results for the quarter and half year ended Sept 30, 2026, approved and published.
- Board approved installation of a 14 MWp solar power project with Rs. 38 crore capital outlay.
- Solar capacity split: 10 MWp at Gandhidham (Gujarat) and 4 MWp at Mangalore (Karnataka).
- 8,47,800 stock options granted to eligible employees under Employee Stock Option Plan 2025.
- Financial results reviewed by M/s Pipara & Co LLP in compliance with SEBI Listing Regulations.
Key Data Snapshot
What happened
- The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2026.
- The Board sanctioned an additional solar power installation project totaling 14 MWp for captive consumption at the company's Gandhidham plant in Gujarat and Mangalore plant in Karnataka.
- 8,47,800 stock options were granted to eligible employees under the company’s Employee Stock Option Plan 2025.
Key details
- Solar power project involves Rs. 38 crore capital expenditure plus taxes.
- The solar capacity is divided as 10 MWp at Gandhidham and 4 MWp at Mangalore.
- Financial results have been reviewed by independent auditors M/s Pipara & Co LLP in accordance with SEBI regulations.
- The stock options grant was approved by the Nomination & Remuneration Committee.
- Supporting disclosures following SEBI Circular dated January 30, 2026, are included as annexures.
Regulatory and governance context
- Results are submitted pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 33 for financial disclosures.
- The solar project approval details comply with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
- The stock options grant is reported under the same SEBI Master Circular requirements.
- The Board meeting commenced at 4:15 PM and concluded at 5:00 PM on October 28, 2026.
Highlights
- Unaudited standalone and consolidated financial results for the quarter and half year ended Sept 30, 2026, approved and published.
- Board approved installation of a 14 MWp solar power project with Rs. 38 crore capital outlay.
- Solar capacity split: 10 MWp at Gandhidham (Gujarat) and 4 MWp at Mangalore (Karnataka).
- 8,47,800 stock options granted to eligible employees under Employee Stock Option Plan 2025.
- Financial results reviewed by M/s Pipara & Co LLP in compliance with SEBI Listing Regulations.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
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