Gujarat Cotex Limited has successfully concluded its rights issue with the Board of Directors approving the allotment of 8,06,89,241 (Eight Crore Six Lacs Eighty Nine Thousand Two Hundred Forty One) fully paid-up equity shares on 13/05/2026. The shares were allotted at an issue price of ₹5 per equity share, at par with the face value, aggregating up to ₹40,34,46,205. The allotment was made to eligible shareholders and/or renouncee(s) in terms of the Letter of Offer, following finalisation of the basis of allotment in consultation with the Registrar to the Issue and as approved by BSE Limited, the Designated Stock Exchange for the Issue.

Rights Issue Details

The rights issue, comprising up to 8,06,89,241 fully paid-up equity shares of face value ₹5 each for cash, was offered at a price of ₹5 per rights equity share at par. The issue opened on 10/04/2026 and closed on 08/05/2026. The Board of Directors convened a meeting on Wednesday, 13/05/2026, commencing at 9:30 P.M. IST and concluding at 10:10 P.M. IST, at which the allotment was considered and approved pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Impact on Paid-Up Equity Share Capital

The completion of the rights issue allotment has resulted in a significant increase in the company's paid-up equity share capital. The following table summarises the change in capital structure:

The allotment was approved by Shaileshkumar Jayantkumar Parekh, Managing Director (DIN: 01246270), on behalf of Gujarat Cotex Limited, with the intimation submitted to BSE Limited in accordance with the applicable regulatory requirements.

Gujarat Cotex Limited has filed a confirmation certificate with BSE Limited under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate covers the period ended March 31, 2026, and was submitted on April 16, 2026.

Regulatory Compliance Submission

The textile company submitted the mandatory certificate received from Purva Sharegistry (India) Pvt. Ltd., which serves as the company's registrar and transfer agent. The submission was made in accordance with SEBI regulations governing depositories and participants.

Certificate Confirmation Details

Purva Sharegistry (India) Pvt. Ltd., a SEBI registered Category 1 registrar (Registration No. INR000001112), confirmed compliance with dematerialisation procedures for the quarter ended March 2026. The registrar verified that securities received from depository participants for dematerialisation were properly confirmed to the depositories within prescribed timelines.

Dematerialisation Process Compliance

The confirmation certificate validates several key compliance aspects:

• Securities received for dematerialisation were confirmed or rejected to depositories
• Security certificates have been listed on stock exchanges where earlier issued securities are traded
• Received security certificates were mutilated and cancelled after verification by depository participants
• Depository names were substituted in the register of members as registered owners within prescribed timelines

Company Information

Gujarat Cotex Limited operates from its registered office at Shop No. 3, Shanti Complex, Opp. Patel Petrol Pump, Amli, Dadra & Nagar Haveli. The company's Corporate Identity Number is L46695DN1996PLC000116. Shaileshkumar Jayantkumar Parekh, Managing Director (DIN: 01246270), signed the submission to BSE Limited.

The filing represents routine regulatory compliance, ensuring transparency in the company's securities handling and depository operations as mandated by SEBI regulations.