Aniruddha JainRecently, Gokaldas Exports Limited (GEL) announced the merger of BRFL Textiles Private Limited (BTPL) with itself, marking a pivotal step in its long-term growth strategy. In 2024, GEL acquired a 19% stake in BTPL then managed by an asset reconstruction company (ARC) and private equity investor as a strategic investment to strengthen its operations. The subsequent merger announcement underscores GEL’s intent to capture synergies acros...
Already a user? Sign in
