Latest news about Gujarat Cotex
Gujarat Cotex
6.16
-0.32(-4.94%)
Company Performance:
View Company Insights1D-4.94%
1M-45.77%
6M+13.44%
1Y-10.33%
5Y+516.00%
More news about Gujarat Cotex
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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