Gujarat Cotex Ltd — Important, 29-08-2025: Company Update

Gujarat Cotex's board has decided to re-appoint Chetankumar Shaileshkumar Parekh as Managing Director for a five-year term. This re-appointment is contingent on approval from the company's members. Mr. Parekh, who is the son of the current Managing Director, brings over 15 years of extensive experience in management and marketing. This move signals a focus on leadership continuity and leverages his industry expertise for the company's future direction, pending final shareholder vote.