The company made this announcement before trading hours today, 1 June 2009.

Meanwhile, the BSE Sensex was up 149.94 points, or 1.03%, 14,767.08.

On BSE, 1.63 lakh shares were traded in the counter. The stock had an average daily volume of 21,458 shares in the past one quarter.

The stock hit a high of Rs 300 and a low of Rs 274.40 so far during the day. The stock hit a 52-week high of Rs 345.70 on 9 September 2008 and a 52-week low of Rs 162 on 16 July 2008.

The small-cap stock had underperformed the market over the past one month till 29 May 2009, gaining 22.67% as compared to the Sensex's return of 28.26%. It had also underperformed the market in the past one quarter, rising 46.45% as compared to the Sensex's return of 64.48%.

The company's current equity is Rs 26.38 crore. Face value per share is Rs 10.

Gokul Refoils and Solvent reported a net loss of Rs 15.37 crore on net sales of Rs 530.66 crore in Q3 December 2008. The figures of the corresponding previous year period were not available.

Gokul Refoils and Solvent is primarily engaged in the business of solvent extraction, refining of edible oils and vanaspati manufacturing.