Leadership Change at VaxtEx Cotfab: CFO Pratapsingh Zala Steps Down

In a leadership reshuffle, VaxtEx Cotfab Ltd notified the stock exchanges that its Chief Financial Officer, Pratapsingh Bhoorsingh Zala, has resigned from his position. The resignation, effective from December 17, 2025, was attributed to personal reasons.

The company stated that it will soon appoint a new CFO to maintain smooth financial administration and ensure uninterrupted compliance with statutory and operational requirements. VaxtEx Cotfab, a player in the textile and fabric manufacturing segment, has been strengthening its operational and growth strategies amid changing market dynamics.

Industry observers view the move as part of ongoing corporate transitions within smaller listed firms adapting to evolving governance and reporting norms.

Key Highlights:

CFO Resignation: Pratapsingh Bhoorsingh Zala resigns as CFO of VaxtEx Cotfab Ltd.

Effective Date: December 17, 2025.

Reason: Personal grounds, as stated by the company.

Next Steps: Board initiating the process to appoint a new CFO shortly.

Sector: Textile and fabric manufacturing.

Source: Company announcement to BSE (corporate filing), December 17, 2025.