Gujarat Cotex Ltd — AGM Information 2023

Sep 30, 2023

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Regd.Office: Shop No. 4, 1st Floor, Shanti Complex, Opp. Patel Petrol Pump, Amli, Silvassa 396230 Tele 91-261-2471788 Email : jayprabha@hotmail.com, Website : www.gujcotex.com Corporate Identity Number : L17119DN1996PLC000116

Date: 30/09/2023

To,

BSE Ltd.

P.J. Towers, Dalal Street, Mumbai – 400001

Subject: Submission of Proceedings of Annual General Meeting of Gujarat Cotex Limited.

Ref.: Scrip Code: 514386, Stock Code: GUJCOTEX

Pursuant to Regulation 30 read with Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we enclose herewith Proceedings of Annual General Meeting of Gujarat Cotex Limited.

Kindly take the same on record and confirm.

Thanking You,

For Gujarat Cotex Limited

PAREKH Digitally signed by PAREKH SHAILES SHAILESHKUMAR Date: 2023.09.30 HKUMAR 18:20:32 +05'30'

Shaileshkumar Jayantkumar Parekh Managing Director (DIN: 01246270)S

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Regd.Office: Shop No. 4, 1st Floor, Shanti Complex, Opp. Patel Petrol Pump, Amli, Silvassa 396230 Tele 91-261-2471788 Email : jayprabha@hotmail.com, Website : www.gujcotex.com Corporate Identity Number : L17119DN1996PLC000116

PROCEEDINGS OF THE ANNUAL GENERAL MEETING OF GUJARAT COTEX LIMITED

The Annual General Meeting of the members of the Gujarat Cotex Limited was held on Saturday, 30[th] September, 2023 and the meeting commenced at 09:30 a.m. at – Hotel Soubhagya Inn, Plot No. 116/3/1, Silvassa Vapi Main Road, Amli, Silvassa 396230. The meeting was concluded at 12:00 p.m. on the same day.

Chairman welcomed the members and commenced the proceedings of the meeting The requisite quorum being present, the Chairman called the meeting to order.

The Chairman delivered the speech covering the details of working of the company. Chairman informed the members that company has provided e-voting and Ballot Paper facility to members for voting on the resolutions proposed in the notice convening meeting.

Chairman apprised the members of resolutions set out in the notice convening Annual General Meeting and replied the questions and queries from the members. He requested to exercise their voting rights through ballot paper sent to members along with Annual Report.

The following items of business as set out in the Notice calling the Annual General Meeting were put for shareholders approval:-

ORDINARY BUSINESS

1. To consider and adopt the audited financial statement of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon (Ordinary Resolution)

2. To appoint a Director in place of Shri Shaileshkumar Jayantkumar Parekh (DIN: 01246270), who retires by rotation and being eligible, offers himself for reappointment. (Ordinary Resolution)

3. To consider and appoint statutory auditors and fix their remuneration. (Ordinary Resolution)

4. To consider and re-appoint Shri Shaileshkumar Jayantkumar Parekh (DIN: 01246270) as Managing Director (Special Resolution)

5. To consider the shifting of Registered office of the Company from Union Territory of Dadar and Nagar Havelli to the State of Gujarat (Special Resolution)

6. To consider and approve the increase in Authorised Share Capital of the Company (Ordinary Resolution)

7. To consider and approve the alteration in the Main Business Object of the company (Special Resolution)

8. To consider and approve the Adoption of New set of Memorandum of Association of the company (Special Resolution)

9. To consider and approve the Adoption of New set of Articles of Association of the company. (Special Resolution)

Chairman requested the members to cast the votes by ballot paper sent along with annual report. He further informed that the members who have opted for e-voting facility are not required to cast votes by ballot paper.

The chairman informed the members that Shri Kunjal Dalal, Practicing Company Secretary has been appointed as scrutinizer for the purpose of scrutinizing the poll process and remote e-voting process. He further informed the members that the result of the e-voting shall be disseminated to the stock exchange and shall also be uploaded on the website of the company.

For Gujarat Cotex Limited

PAREKH Digitally signed by PAREKH SHAILES SHAILESHKUMAR Date: 2023.09.30 HKUMAR 18:20:43 +05'30'

Shaileshkumar Jayantkumar Parekh Managing Director (DIN: 01246270)