Gujarat Cotex Limited has announced the appointment of Ms. Parul Rajesh Manubarwala as an Additional Director under the Independent Category. Additionally, Ms. Vidya Pramod Patil has been re-appointed as an Independent Director. Both appointments are subject to shareholder approval at the upcoming Annual General Meeting. These strategic appointments aim to strengthen the board’s expertise and governance structure.
Board Appointments Strengthen Governance
Gujarat Cotex Limited announced on September 1, 2026, key appointments to its board of directors aimed at bolstering its independent oversight and strategic direction. The board has approved the appointment of Ms. Parul Rajesh Manubarwala as an Additional Director in the Independent Category. This move is intended to bring fresh perspectives and enhance the board’s diversity of experience.
Re-appointment and Term Details
Furthermore, Ms. Vidya Pramod Patil has been re-appointed as an Independent Director. Her re-appointment is for a term of five years, subject to the approval of the shareholders at the ensuing Annual General Meeting. Ms. Patil is noted for her experience of approximately 25 years in Business Strategy and is currently serving as an independent director whose term is concluding.
Director Profiles and Qualifications
Ms. Parul Rajesh Manubarwala is a Graduate with around 25 years of experience in Finance and Taxation. She has been appointed as an additional director and will be proposed for regularization as an independent director for a term of five years, pending shareholder approval. Both directors have declared Nil disclosure of relationships with promoters or other directors, ensuring their independent standing.
These appointments are vital steps in reinforcing the company’s commitment to robust corporate governance principles and ensuring effective decision-making processes for the benefit of all stakeholders.
Source: BSE
