Gujarat Cotex Limited has submitted a regulatory disclosure to BSE Limited regarding the resignation of Mr. Monil Navinchandra Vora (DIN: 09627136) as Independent Director of the Company. The disclosure is made pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015.
Nature of Event
Resignation of Independent Director Mr. Monil Navinchandra Vora from the Board of Directors.
Effective Date
The resignation is effective from 30/06/2026.
Reason for Resignation
The resignation was tendered on account of "pre occupation of his other business activities" as stated in the resignation letter dated 30/06/2026.
Committee Memberships
Consequent to the resignation, Mr. Vora ceases to be a Member of all Committees of the Board.
Resignation Letter Details
The resignation letter from Mr. Monil Navinchandra Vora confirms:
- Resignation from directorship effective 30/06/2026
- Resignation from all Committees of the Board
- Explicit confirmation that "there is no other reason other than those provided above for my Resignation"
- Director Identification Number: 09627136
Financial Impact
No financial impact quantified in the disclosure.