BusinessPhoto: Mint MarketsGokaldas Exports Shares Fall After Customer Files US Bankruptcy
Gokaldas Exports shares dropped over 5% in five days, closing 3% lower at ₹678 on Monday. The company disclosed that The Children's Place Inc., a customer of its step-down subsidiary Atraco Industrial Enterprise FZE, filed for Chapter 11 bankruptcy protection in the US. Atraco had $4.11 million in outstanding receivables from The Children's Place. Gokaldas is monitoring the situation and assessing its financial impact.
Mint Markets·



