Smart Money Alert

Gujarat Cotex Ltd

Newly DisclosedQuarterly

514386Other Textile ProductsMarket Cap₹23 Cr

Disclosed stake

6.86%

Holding

65.09 L shares

As of

Jun 2026

Since alert−9.0%₹2.66 → ₹2.42

Nifty 50−5.2%

Setu

AIF

The move

Setu AIF Trust took a new position in Gujarat Cotex Ltd, acquiring 6,508,873 shares for ₹1.9 crore at ₹2.93 apiece, representing a 6.86% stake.

About Gujarat Cotex Ltd

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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.

About Setu

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(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.

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More moves in Gujarat Cotex Ltd

SetuDecreased

Setu reduced its stake in Gujarat Cotex Ltd from 6.86% to 5.02%, selling 17,44,394 shares, with 12,72,340 shares previously disclosed during the quarter.

17 Oct 2026