Filatex India has informed that the Board of Directors of the company at its meeting held on July 27, 2013 approved the Preferential Issue of 80, 00,000 Warrants Convertible into equivalent number of fully paid up Equity Shares of Rs. 10 each at a premium of Rs. 15 per share, which shall be converted within 18 months from the date of allotment of Warrants to the Promoter Group / Others.
The above information is a part of company’s filings submitted to BSE.