Gujarat Cotex Ltd

Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulations 2015 we hereby inform you that the Board of Directors of the Company at its Meeting held today i.e. 27th February 2025 has inter-alia considered and approved the following: 1) The Board of Directors in-principally decided to raise the funds through the issue and allotment of up to 13756000 (One Crore Thirty-Seven Lacs Fifty-Six Thousand) warrants (warrants) of the Company. 2) The Board of Directors of the Company at its meeting has approved the issue and allotment of up to 1777000 (Seventeen Lacs Seventy Seven Thousand) Equity Shares in consideration of other than Cash in lieu Outstanding Dues of Rs.28440950.00/- of Creditors namely M/s. Octagon Infratech Ltd.