This notice details the outcome of the Board of Directors meeting held by Vaxtex Cotfab Limited on July 29, 2026, wherein the board considered and approved a request from promoter group member Mrs. Bharti Kailash Gupta to reclassify her status from the “Promoter Group category” to the “Public category”.

The official notice outlines that Mrs. Bharti Kailash Gupta holds 737,910 equity shares, representing 0.40% of the total voting rights and paid-up share capital of Vaxtex Cotfab Limited. Because her shareholding along with related persons is below the 1% threshold, no general shareholder approval was mandatory under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the reclassification was cleared directly by the board subject to final approval from the National Stock Exchange of India Limited (NSE). The applicant confirmed compliance with all necessary conditions, including not holding any board or key managerial positions, not exercising direct or indirect control, and possessing no special rights or agreements.

Vaxtex Cotfab Limited is an India-based company primarily engaged in the business of manufacturing, processing, trading, and dealing in all kinds of suiting, shirting, and cotton textile fabrics. During 2025, the company navigated a challenging demand environment characterized by volatile raw material costs and subdued offtake in the textile sector. Operational updates from 2025 highlighted efforts by management to streamline governance structures and manage fixed costs effectively amidst broader industry headwinds. No major large-scale institutional order updates or prominent celebrity/famous investor holdings have been officially highlighted or disclosed for the company during this period.

In the latest quarterly financial results announced by Vaxtex Cotfab Limited, the company reported a revenue of ₹5.25 Crore (₹52,533,000), reflecting a significant year-on-year contraction of approximately 68.39% compared to the corresponding period from the previous year due to persistent demand headwinds in the textile segment. Despite the steep top-line decline, the company reported a positive Earnings Per Share (EPS) of ₹0.048, indicating that stringent cost-control measures helped safeguard baseline profitability. The total shareholders’ fund for the period stood at ₹22 Crore, marking a 22.4% growth year-on-year, while total assets were recorded at ₹37 Crore.