FILATFASH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Filatex Fashions Limited held an Extraordinary General Meeting on May 21, 2026 via video conferencing, which lasted 37 minutes. The meeting was attended by 30 members representing 6,49,201 equity shares. Five resolutions were transacted: (1) Raising of funds via Foreign Currency Convertible Bonds (FCCBs) as a Special Resolution, (2) Increase in Authorized Share Capital with amendment to Memorandum of Association as an Ordinary Resolution, (3) Approval of loans, guarantees, securities and investments under Section 186(2) as a Special Resolution, (4) Increase in investment limits for FPIs, NRIs and OCIs as a Special Resolution, and (5) Reclassification of certain persons from Promoter/Promoter Group to Public Category as an Ordinary Resolution. All resolutions were deemed passed with requisite majority on the date of the meeting.
The FCCB issuance and share capital increase may lead to equity dilution for existing shareholders. The reclassification of promoters to public category suggests potential exit or reduction of promoter stake in the company.