Intimation under Regulation 30 of the Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015
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Vaxtex Cotfab Limited has appointed Mr. Amay Vatsalya (DIN: 09330694) as the Chief Financial Officer of the company with effect from March 31, 2026, subject to shareholder approval. Mr. Vatsalya was already serving as Whole-Time Director of the company since December 5, 2025, and will now hold both the WTD and CFO roles simultaneously. He holds a Master's degree in International Business Management from the University of Westminster, London, and has over eight years of experience in international trade, exports, and business operations. He currently holds 3,20,000 shares (0.174%) in the company and also serves on the boards of Riwind Green Energy Limited, Zodiak Private Limited, and Recoll Projects Private Limited.
This is an internal consolidation of the CFO role with the existing Whole-Time Director, meaning no new external hiring or sudden vacancy. The dual responsibility may raise minor governance questions about segregation of duties, but it is unlikely to have a material impact on the stock price. The appointment remains subject to member approval at a future general meeting.