Vaxtex Cotfab Limited — Board Meeting, 23-05-2025: Outcome of Board Meeting

Vaxtex Cotfab Limited reported a strong turnaround with a profit of ₹88.36 lakh for the year versus a loss of ₹883.40 lakh last year, supported by revenue of ₹1,662.03 lakh. Key expenses were mainly from stock-in-trade purchases. The company is now fully operational following the withdrawal of insolvency proceedings. Additionally, M/s. Jay Pandya & Associates and M/s. Umesh Khese & Co. were appointed as Secretarial and Internal Auditors respectively for FY25, signaling a focus on strengthened governance.