Latest news about Gujarat Cotex
Gujarat Cotex
3.24
-0.17(-4.99%)
Company Performance:
View Company Insights1D-4.99%
1M+14.89%
6M-38.87%
1Y-43.46%
5Y+181.74%
More news about Gujarat Cotex
29May 26
Gujarat Cotex FY26 revenue rises, Q4 loss widens
Gujarat Cotex Limited reported a 40.7% rise in revenue from operations to ₹3,844.16 lakh for FY26, while annual net profit declined to ₹10.22 lakh. The company posted a Q4 net loss of ₹72.39 lakh, driven by a ₹79.64 lakh bad debt write-off and a ₹6.28 lakh tax expense. The Board approved the audited results on May 29, 2026, with statutory auditors issuing an unmodified opinion.
20May 26
Gujarat Cotex board to meet on May 29 for FY26 results
Gujarat Cotex Limited has scheduled a board meeting for May 29, 2026, to consider and approve the audited financial results for the fourth quarter and the full financial year ended March 31, 2026. The meeting will be held at the company's office. The intimation was made pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
16May 26
Gujarat Cotex Completes Rights Issue Allotment of 8,06,89,241 Shares; Files Basis of Allotment Ad
Gujarat Cotex Limited completed its rights issue allotment of 8,06,89,241 equity shares at ₹5 per share on May 13, 2026, aggregating ₹40,34,46,205, with the issue having opened on April 10, 2026 and closed on May 08, 2026. Out of 1,942 total applications for 8,22,66,850 shares, 1,442 valid applications for 8,06,89,241 shares were allotted across eligible shareholders and renouncers, with listing approval received from BSE on May 14, 2026. The company subsequently submitted newspaper advertisements for the basis of allotment to BSE on May 16, 2026, published in Financial Express (English and Gujarati) and Jansatta (Hindi).
16Apr 26
Gujarat Cotex Limited Files SEBI Compliance Certificate for Dematerialisation Process
Gujarat Cotex Limited submitted a confirmation certificate to BSE Limited under SEBI Regulation 74(5) for the period ended March 31, 2026. The certificate from registrar Purva Sharegistry (India) Pvt. Ltd. confirms compliance with dematerialisation procedures and proper handling of securities received from depository participants. The submission demonstrates the company's adherence to regulatory requirements governing depositories and participants.
09Apr 26
Gujarat Cotex Limited Announces Rights Issue of ₹ 4,273.20 Lakhs Opening April 10, 2026
Gujarat Cotex Limited has announced a rights issue of 8,54,64,000 equity shares at ₹ 5/- each, aggregating ₹ 4,273.20 lakhs. The issue opens April 10, 2026, and closes May 08, 2026, offering rights in 6:1 ratio to shareholders on record date April 01, 2026. All applications must use ASBA process with rights entitlements credited in demat form only.
24Mar 26
Gujarat Cotex Limited Sets April 1, 2026 Record Date for Rs 427.32 Crore Rights Issue
Gujarat Cotex Limited has approved a Rs 427.32 crore rights issue offering 8.55 crore equity shares at Rs 5 per share with a 6:1 entitlement ratio. The company has formally notified depositories and BSE about the April 1, 2026 record date for determining eligible shareholders, with the issue opening on April 10, 2026 and closing on May 8, 2026.
16Mar 26
Gujarat Cotex Limited Schedules Board Meeting for March 24, 2026 to Discuss Rights Issue Parameters
Gujarat Cotex Limited has scheduled a board meeting for March 24, 2026, to consider key aspects of its proposed rights issue, including share allocation, pricing, and record date determination. The company has implemented a trading window closure from March 16, 2026, in compliance with SEBI insider trading regulations. The meeting will be held at the company's registered office in Silvassa, with Managing Director Shaileshkumar Jayantkumar Parekh leading the proceedings.
09Feb 26
Gujarat Cotex Q3FY26 Results: Revenue Falls to ₹762.55 Lakhs, Net Profit Drops to ₹5.48 Lakhs
Gujarat Cotex Limited reported Q3FY26 revenue of ₹762.55 lakhs, down 56.1% from the previous quarter but up 9.4% year-over-year. Net profit declined to ₹5.48 lakhs from ₹36.52 lakhs in Q2FY26. However, nine-month performance showed strong growth with revenue increasing 54.7% to ₹2,986.27 lakhs and net profit rising 79.7% to ₹82.60 lakhs compared to the corresponding period last year.
19Dec 25
Gujarat Cotex Limited Board Approves Draft Letter of Offer for Proposed Rights Issue
Gujarat Cotex Limited's Board of Directors has approved the Draft Letter of Offer for a proposed rights issue of equity shares. The decision was made during a board meeting held on December 19, 2025, at the company's registered office in Silvassa. The meeting, chaired by Managing Director Mr. Shaileshkumar Jayantkumar Parekh, lasted from 3:00 PM to 4:40 PM. This approval is a significant step in the company's capital raising process.
30Sept 25
Gujarat Cotex Limited Shareholders Approve Re-appointment of Chetankumar Parekh as Managing Director
Gujarat Cotex Limited held its Annual General Meeting on September 30, 2025. Shareholders approved the re-appointment of Mr. Chetankumar Shaileshkumar Parekh as Managing Director for a five-year term starting December 3, 2025. The AGM also approved the audited financial statements for the year ended March 31, 2025, and re-appointed Ms. Priyavanda Sudhir Parekh as a director. The company provided e-voting and ballot paper facilities for shareholders, with Mr. Kunjal Dalal appointed as the scrutinizer. Gujarat Cotex announced the closure of the trading window for designated persons from October 1, 2025, until 48 hours after the declaration of financial results for the period ended September 30, 2025.
14Aug 25
Gujarat Cotex Reports Rs 40.59 Lakh Profit in Q1, Reversing Previous Quarter Loss
Gujarat Cotex has reported a profit of Rs 40.59 lakh for Q1 ended June 30, compared to a loss of Rs 23.81 lakh in the previous quarter. Revenue decreased to Rs 447.17 lakh from Rs 800.50 lakh. The company's total expenditure reduced from Rs 816.50 lakh to Rs 449.23 lakh, aligning with revenue decline but at a higher rate. Basic EPS improved to Rs 0.28 from negative Rs 0.06. The turnaround demonstrates effective cost management and operational efficiency despite lower revenue.
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