Vaxtex Cotfab Limited has informed the Exchange regarding Resignation of Mr Pranav Manoj Vajani as Non- Executive Independent Director of the company w.e.f. December 16, 2025.
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Mr Pranav Manoj Vajani has resigned as Non-Executive Independent Director of Vaxtex Cotfab Limited, effective December 16, 2025. The company has informed the stock exchange about this change in board composition. The announcement does not mention any reason for the resignation or any governance concerns. No replacement appointment has been disclosed in this filing.
This is a single independent director exit with no stated reasons; investors may want to watch for clarity on whether a replacement will be appointed and to monitor overall board composition for any governance shifts.