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Filatex Fashions informs about outcome of board meeting

28 Apr 2026 Evaluate
Filatex Fashions has informed that the Board of Directors of the Company at its meeting held on April 28, 2026 has, considered and approved the Board has approved the Increase in the aggregate limit of investment by Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) from 10% to 24% of the paid-up equity share capital of the Company and by Foreign Portfolio Investors (FPIs) from 24% to the sectoral cap, subject to approval of shareholders by way of a Special Resolution and such other approvals as may be required. The Board has approved the appointment of Accurate Securities & Registry Private Limited as the Registrar and Transfer Agent for the proposed issuance of Foreign Currency Convertible Bonds (FCCBs), to undertake registry management, investor servicing and related compliance activities in connection with the proposed issue. The disclosures pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as ‘Annexure A’

The above information is a part of company’s filings submitted to BSE.

Filatex Fashions Share Price

0.25 -0.01 (-3.85%)
04-May-2026 16:59 View Price Chart
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