Gokaldas Exports Ltd has announced that the Board of Directors of the Company at its meeting held on October 28, 2006, inter alia, has approved split/sub-division of Company's shares of Rs 10/- each into two shares of Rs 5/- each subject to the approval of the shareholders in the ensuing Extra ordinary General Meeting. i.e for every one share of Rs 10/- each, the shareholders would get two shares of Rs 5/- each on approval of the Shareholders in the EGM.