Vaxtex Cotfab Limited announced the outcome of its Board Meeting held on December 24, 2025. The Board of Directors considered and approved requests received from Mr. Khushant Gupta, Mr. Mithleshkumar Agrawal, M/S Qmin Industries Limited, and M/S Vax Enterprises Private Limited for reclassification of their status from the Promoter category to the Public category. This reclassification is subject to the approval of the National Stock Exchange of India Limited. The Board meeting commenced at 04:00 p.m. and concluded at 05:50 p.m. An extract of the resolution passed by the Board of Directors, including their views on the matter, has been enclosed as Annexure A.