Vaxtex Cotfab: Independent Director & CFO Resign Effective Dec 16, 2025
Vaxtex Cotfab Limited has announced the resignation of Mr. Pranav Manoj Vajani from his position as Independent Director and Mr. Pratapsingh Bhoorsingh Zala from his role as Chief Financial Officer. ...
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Why is Vaxtex Cotfab Limited in the news today?
Vaxtex Cotfab Limited (VCL) is in the news due to the resignations of key personnel are generally viewed neutrally unless specific negative circumstances are detailed. the reasons provided are standard and do not indicate any immediate financial distress.
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Vaxtex Cotfab: Independent Director & CFO Resign Effective Dec 16, 2025
December 17, 2025, 11:05 AM
Vaxtex Cotfab Limited has announced the resignation of Mr. Pranav Manoj Vajani from his position as Independent Director and Mr. Pratapsingh Bhoorsingh Zala from his role as Chief Financial Officer.
Both resignations are effective from the closure of working hours on December 16, 2025. The company cited personal reasons and other professional commitments as the basis for their decisions. Both individuals have confirmed that there are no other material reasons for their resignations beyond what has been stated.
Mr. Vajani has served as an Independent Director and has also held directorships in other companies, including Shyamkamal Investments Limited and Darjeeling Ropeway Company Limited. Mr. Zala's resignation as CFO is also effective from the same date.
The company has provided the necessary disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including the letters of resignation from both individuals.
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