Gujarat Cotex proposes Prabhat Oils and Prabhat Infratech divisions

A company called Gujarat Cotex wants to start two new businesses.

One business, Prabhat Oils, will make and sell cooking oil.

The other business, Prabhat Infratech, will build homes, shops and apartments.

The new buildings will mostly be in and around a city called Surat.

The company also wants to look at a new smart city called Dholera.

Before starting, the company's board of directors must say yes.

The government also has to approve the plans.

The company says it will start these new businesses slowly, in phases.

The boss, Shaileshkumar Jayantkumar Parekh, says they want to build strong businesses carefully.

This is a plan for the future, not something happening right away.