Gokaldas Exports Limited has submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Limited regarding a material development concerning one of its customers.
The disclosure states that The Children's Place, Inc., a customer of Atraco Industrial Enterprise FZE (a step-down subsidiary of Gokaldas Exports Limited), has filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States.
As of the disclosure date (November 09, 2026), Atraco Industrial Enterprise FZE has an outstanding receivable of USD 4.11 million from The Children's Place, Inc.
The Company is actively monitoring developments in this matter and is currently assessing the potential impact on its business operations and financial position. The disclosure indicates the company will address the situation appropriately based on their assessment.
This intimation is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, requiring disclosure of material events to stock exchanges.
The document was signed by Gourish Ganapati Hegde, Company Secretary & Compliance Officer of Gokaldas Exports Limited, on November 09, 2026 at 22:03:42 IST.