Gujarat Cotex Ltd. Announces Rights Issue of 8,54,64,000 Equity Shares at Rs. 5 Each

Gujarat Cotex Ltd. has approved the terms and conditions for a rights issue of 8,54,64,000 equity shares at a price of Rs. 5 each. The rights entitlement ratio is 6:1, meaning six rights equity shares for every one equity share held by eligible shareholders as on the record date, April 1, 2026. The issue will open on April 10, 2026, and close on May 8, 2026. The rights entitlements will be credited in dematerialized form in the demat account of eligible equity shareholders prior to the issue opening date. The company's registered office is in Silvassa, Dadra & Nagar Haveli, and the corporate office is in Surat, Gujarat.