Setu sold 12,72,340 shares of Gujarat Cotex Ltd for ₹36 lakh at ₹2.82 apiece in a bulk deal.
A textile trading company incorporated in 1992, Gujarat Cotex Ltd operates across fabric sourcing, distribution, and land-based ventures in India. The company specializes in trading textile fabrics to commercial, industrial, and retail clients while managing real estate assets. With operations spanning multiple decades, it maintains a significant presence in India's textile trading landscape through its diversified merchandising and property portfolio.
(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.
