Intimation of Proposed Establishment of Two New Business Divisions - "Prabhat Oils" for opportunities in the edible oils and refined oil sector and "Prabhat Infratech" for opportunities ....

GUJARAT COT€X LIMIT€D tvhuo ttfwatlio,t, hruratio,o eil, n&rcbjy mtlo ry oodt Date: 1710812026 The Listing Department BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai 400001 Scrip Code: 5f4386 Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proposed Establishment of Two New Business Divisions, "Prabhat Oils" and "Prabhat Infratech" Dear Sir/Madam, Pursuant to Regulation 30 of the sEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 C'SEBI LODR Regulations"), we wish to inform the Stock Exchange that Gujarat Cotex Limited ("the Company") is proposing to expand and diversify its business activities through the establishment of two new business divisions, namely "Prabhat Oils" and "Prabhat Infratech". The proposed initiative forms part of the Company's strategy to broaden its business portfolio, explore new growth opportunities and build additional long-term business aYenues. l. Proposed o'Prabhat Oils" Division The Company proposes to establish "Prabhat Oils" as a business division focused on opportunities in the edible oils and refined oils sector. The proposed activities may include, inter alia, trading, processing, refining, job work and other allied activities relating to edible and refined oils. The proposed division is intended to leverage the recognition and goodwill associated with the "Prabhat" brand and the relevant business experience of the promoter group, with the objective ofbuilding a scalable presence in the edible oils segment. 2. Proposed "Prabhat Infratech" Division The Company also proposes to establish "Prabhat Infratech" to explore opportunities in the real estate and infrastructure sector. corporote office : 2007, shonkor Plozo, Nonpuro, Timoliyowod, suror-395 ool GUJARAT - lNolA M. +91 9327977729 M. + 9l 83'17000000 Registered ollice : Shop No.3, shonti complex, opp. Potel Pelrol Pump, Amli, slLVAssA - 396230, (Dodro & Nogor Hovelil ' 9327977729 E-moil I ioyprobho@hotmoil.com web: wwwguicotex.co clN: 146695DN 1 g96PLCOOO I t 6 Ph' No': 0261-3100550 GUJARAT COTCX LIMITED Wharo tt{orALAon4 ltlrrvtlioi, ead ZUlvolojlr uvtho tccT oordt The proposed division may undertake and/or participate in residential, commercial and apartment development projects, particularly in and around Surat, while also evaluating opportunities in emerging growth destinations including Dholera Smart City. The Company proposes to evaluate opportunities based on their commercial viability, strategic suitability and long-term potential for value creation. Strategic Rationale The proposed establishment ofthese two divisions is expected to enable the Company to: Diversify its business operations into new sectorsl Explore additional revenue and growth opportunities; Leverage the Prabhat brand and promoter experience; Build potential growth platforms in edible oils, real estate and infrastructure; and Strengthen the Company's business portfolio with a view to long-term sustainable growth and stakeholder value creation. Next Steps The proposals relating to the establishment of "Prabhat Oils" and "Prabhat Infratech" shall be placed before the Board of Directors at its forthcoming meeting for consideration and approval. Subject to the approval of the Board and completion of all applicable statutory, regulatory and other necessary requirements, the Company proposes to commence the activities ofthese business divisions in a phased manner. The Company will make further disclosures, as may be required under applicable laws and regulations, upon the occurrence of material developments in relation to the above proposals. The proposed expansion represents a significant step in the Company's ongoing efforts to diversify its business activities and establish new growth ayenues across promising sectors. This disclosure is being made for the information ofthe Stock Exchange and the members of the Company. Thanking You, For Gujarat Cotex Limited Shaileshkumar Jayantkumar Parekh Managing Director (DTN: 01246270) Corpo}''Oii tilYil.'-r"7ddf Snonko, ptozo, Nonpuro, Timoliyowod, Surqt-395 001 GUJARAT - INDIA M. +9't 9327977729 M + 91 8347000000 Registered Ollite : Shop No. 3, Shonti Compler, Opp. Potel Petrol Pump, Amli, SILVASSA - 396230, (Dodro & NqEor Hqveli) M 9327977729 16 No.: E.moil : ioyprobho@hotmoil.com web: wv/wgui(olex.co CIN: 1466950N 1 996PLco0o l Ph. 0261.3100550