Gujarat Cotex Limited: Appoints Two Independent Directors

Gujarat Cotex Limited has announced the appointment of Ms. Parul Rajesh Manubarwala as an Additional Director under the Independent Category and the re-appointment of Ms. Vidya Pramod Patil as an Independent Director. These appointments are subject to shareholder approval at the upcoming Annual General Meeting. Ms. Manubarwala brings 25 years of experience in finance and taxation, while Ms. Patil’s term as an independent director is being renewed for another five years after her current tenure expires.

Board Appointments for Enhanced Governance

Gujarat Cotex Limited has taken steps to strengthen its board of directors by approving the appointment of new independent leadership. At a meeting held on September 1, 2026, the board sanctioned the addition of Ms. Parul Rajesh Manubarwala as an Additional Director within the Independent Category. Concurrently, the board has approved the re-appointment of Ms. Vidya Pramod Patil as an Independent Director.

Director Profiles and Terms

Ms. Parul Rajesh Manubarwala

Ms. Manubarwala’s appointment is effective from September 1, 2026. Her term is designated to last until the ensuing Annual General Meeting, after which she is proposed for a full five-year term as an Independent Director, pending shareholder approval. Ms. Manubarwala is a graduate with approximately 25 years of experience in finance and taxation. Her role is to serve as an additional director and is proposed to be regularized as an independent director.

Ms. Vidya Pramod Patil

Ms. Patil’s re-appointment as an Independent Director is set to commence on September 28, 2026. Her term will be for five years, subject to the approval of the company’s members at the upcoming Annual General Meeting. Ms. Patil is a graduate with around 25 years of experience in business strategy. She is the current independent director whose term is expiring, and the company proposes her reappointment for another five-year term.

Both appointments and re-appointments require formal approval from the shareholders during the next Annual General Meeting.

Source: BSE

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