Vaxtex Cotfab Limited — Capital/Financing Update 2025

Mar 15, 2025

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Vaxtex Cotfab Limited

CIN: L51109GJ2005PLC076930

V[AXTEX COTFAB LIMITED]

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J-03 (GF to 4th Floor) Tejendra Arcade, Nr. Ganjifarak Mill Compound, Nr. Rakhial Char Rasta, Rakhial, Ahmedabad-380023, Gujarat, India.

+9195376 69940

vaxtexcotfab@gmail.com

www.vaxtexcotfabltd.com

Date: 15[th] March, 2025

To, National Stock Exchange of India Limited “Exchange Plaza”, C-1, Block G, Bandra - Kurla Complex, Bandra (East), Mumbai – 400 051.

Dear Sir/ Madam,

Sub: Outcome of Board Meeting held today i.e., Saturday, 15[th] March, 2025. Ref: Security Id: Security Id: VCL / Series: EQ

Pursuant to second proviso to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors in their meeting held today i.e. Saturday, 15[th] March, 2025 at the Registered Office of the Company which commenced at 04:00 P.M. and concluded at 4:45 P.M. inter-alia has considered and approved:

1. Issue of [•] Equity Shares of face value of Re. 1.00/- each for cash at an Issue Price of Rs. [•] per Equity Share aggregating upto Rs. 35,00,00,000/- (Rupees Thirty-Five Crores Only) to all the eligible equity shareholders of the Company as on the Record date (to be determined by the Board in due course) on Rights basis (‘Rights Issue’) . The brief term of Rights Issue is approved by the Board is attached herewith as Annexure – I.

2. The formation of a committee of Directors to decide the matters relating to the Rights Issue (‘Rights Issue Committee’) which includes, inter alia, to decide or alter the treatment to be given to fractional entitlements, if any to make any applications to the Regulatory authorities as may be required, determine the terms and conditions of the Rights Issue including structure and timing of the issue.

You are requested to take note of the same.

Thanking you,

For, Vaxtex Cotfab Limited

Thakor Digitally signed by Thakor Aakash Date: 2025.03.15 Aakash 16:57:46 +05'30'

______________________________ Aakash Thakor Managing Director DIN: 07960192

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Vaxtex Cotfab Limited

CIN: L51109GJ2005PLC076930

V[AXTEX COTFAB LIMITED]

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J-03 (GF to 4th Floor) Tejendra Arcade, Nr. Ganjifarak Mill Compound, Nr. Rakhial Char Rasta, Rakhial, Ahmedabad-380023, Gujarat, India.

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+9195376 69940

vaxtexcotfab@gmail.com

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www.vaxtexcotfabltd.com

Annexure – I

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----- Start of picture text ----- Sr. No. Particulars Details**1. Details of the securities Equity shares of Re. 1.00/- each2. Type of issue Rights issue of equity shares3. Equity shares offered through the issue [•] Equity Shares*4. Face value per equity share Re. 1.00/-5. Issue price per equity share Rs. [•]6. Rights entitlement ratio [•] Rights Equity share for every [•] fully paid-upEquity share held by the Eligible Equityshareholders in the Company as on Record date (tobe determined by Board of Directors in due course)7. Outstanding equity shares before Rights 18,37,52,220 Equity shares of Re. 1.00/- eachIssue8. Outstanding equity shares post Rights Issue [•] Equity shares of Re. 1.00/- each(assuming fully subscription)9. Terms of Payment Full amount of Rs. [•] per Equity share is payableon application by Eligible Equity shareholders----- End of picture text -----

• Equity shares which are offered through the rights issue are maximum no. of shares that will be issued.

• ** Details pertaining to Issue structure i.e. Issue price, offered shares, Rights entitlement ratio etc. shall be disclosed in Final Letter of Offer.

The detailed terms of the Rights Issue including the procedure for the Rights Issue will be specified in the Letter of Offer which will be sent by the Company to the Eligible Equity Shareholders holding Equity Shares of the Company as on the Record Date in due course.

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