Vaxtex Cotfab Limited: Two Independent Directors Resign
Vaxtex Cotfab Limited has announced the resignation of two of its Independent Directors, Mr. Harsh Mahendrakumar Kothari and Mr. Ravi Jitendra Modi. Both resignations are effective from the closure of...
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Why is Vaxtex Cotfab Limited in the news today?
Vaxtex Cotfab Limited (VCL) is in the news due to the resignation of two independent directors is a routine corporate event and does not inherently indicate positive or negative performance for the company. the reasons cited are personal and professional commitments, which are standard explanations.
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Vaxtex Cotfab Limited: Two Independent Directors Resign
December 30, 2025, 10:24 AM
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Vaxtex Cotfab Limited has announced the resignation of two of its Independent Directors, Mr. Harsh Mahendrakumar Kothari and Mr. Ravi Jitendra Modi. Both resignations are effective from the closure of working hours on December 29th, 2025.
Mr. Harsh Mahendrakumar Kothari (DIN: 09310696) has stepped down from his position due to personal reasons and other professional commitments. He has confirmed that there are no other material reasons for his resignation beyond those stated in his letter.
Similarly, Mr. Ravi Jitendra Modi (DIN: 10932249) has also resigned from his role as Independent Director, citing personal reasons and other professional commitments. He has also confirmed that his resignation is not due to any other material reasons.
The company has provided the necessary disclosures as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including the detailed reasons for resignation and confirmations from both directors.
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