Vaxtex Cotfab: Promoters Seek Reclassification to Public Category
Vaxtex Cotfab Limited has received requests from its promoters, Mr. Khushant Gupta, Mr. Mithleshkumar Agrawal, M/s Qmin Industries Limited, and M/s Vax Enterprise Private Limited, to be reclassified f...
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Why is Vaxtex Cotfab Limited in the news today?
Vaxtex Cotfab Limited (VCL) is in the news due to the announcement is a procedural intimation regarding a request for reclassification of promoters. it does not inherently contain positive or negative financial or operational news.
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Vaxtex Cotfab: Promoters Seek Reclassification to Public Category
December 20, 2025, 07:21 AM
Vaxtex Cotfab Limited has received requests from its promoters, Mr. Khushant Gupta, Mr. Mithleshkumar Agrawal, M/s Qmin Industries Limited, and M/s Vax Enterprise Private Limited, to be reclassified from the 'promoter' category to the 'public' category.
These requests, dated December 19, 2025, have been submitted in accordance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The promoters seeking reclassification hold varying percentages of shares: Mr. Khushant Gupta holds 183,330 shares (0.10%), Mr. Mithleshkumar Agrawal holds 233,330 shares (0.13%), and M/s Qmin Industries Limited holds 384,244 shares (0.21%). M/s Vax Enterprise Private Limited holds 0 shares (0%).
The company has formally intimated this development to the National Stock Exchange of India Limited on December 20, 2025. Copies of the request letters from the promoters are enclosed with the intimation.
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