CFO and Independent Director resign from Vaxtex Cotfab

Cfo ResignedManagement Changes View source PDF Explain this filing

VCL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.7%Reaction day

₹1.90

prior close

₹1.81

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-4.4% vs market

Other Textile Products peers, median of 175sector-0.7%-4.0% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 4.0 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.2

10m

+2.2

15m

+1.1

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.7-0.3-4.4-0.7-4.0

Next day

-9.5+0.9-10.4+0.0-9.5

-5.3+2.3-7.6+0.4-5.6

-0.5+2.4-2.9+0.5-1.0

+4.2+1.8+2.4+0.0+4.2

+8.9+1.3+7.7-0.1+9.1

+5.3+0.4+4.8-0.8+6.0

15d

+26.8-1.1+27.9-3.5+30.4

+20.0-3.3+23.3-6.0+26.0

+12.6-0.5+13.1-4.6+17.3

-24.2-8.2-16.0-11.3-12.9

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 175Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Vaxtex Cotfab informed NSE that CFO Pratapsingh Bhoorsingh Zala and Independent Director Pranav Manoj Vajani both resigned effective December 16, 2025. The CFO cited pursuing new career opportunities, while the ID cited personal and professional commitments. Both confirmed there are no undisclosed material reasons for resigning.

Likely market impact

Loss of CFO raises near-term uncertainty. Watch for timely appointment of a replacement CFO to maintain financial oversight.