FILATFASH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Filatex Fashions Ltd shareholders at an Extra-Ordinary General Meeting held on May 21, 2026 approved increasing the company's Authorised Share Capital from Rs. 850 crore to Rs. 1,000 crore. This involves creating an additional 150 crore equity shares of Rs. 1 each, bringing total authorised shares from 850 crore to 1,000 crore. The new shares will rank pari-passu with existing equity shares. As a consequence, Clause V of the company's Memorandum of Association has been altered accordingly.
This is a routine administrative update that increases the headroom for future share issuances. It does not immediately impact shareholder value or indicate any specific corporate action. It may signal the company is preparing capacity for potential future fundraises, acquisitions, or other corporate transactions.