Gujarat Cotex plans ₹42.73 crore rights issue

Gujarat Cotex announced ₹42.73 crore Rights Issue at ₹5 per share in 6:1 ratio, open till May 8, 2026. Funds will support hotel project, working capital, office purchase and expansion. For 9MFY25, revenue rose 54.7% to ₹29.86 crore, while net profit increased 79.7% to ₹0.83 crore, indicating improved performance.

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