Filatex Fashions board approves new Joint MD and secretarial auditor

Promoter family joins the boardManagement Changes View source PDF Explain this filing

FILATFASH · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.3%Reaction day

₹0.19

prior close

₹0.18

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-5.1% vs market

On the reaction day the stock moved 5.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+5.6

10m

+5.6

15m

+5.6

30m

+5.6

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-5.3-0.2-5.1

Next day

+0.0-0.1+0.1

+0.0-3.4+3.4

+0.0-3.5+3.5

-5.3-2.7-2.6

-10.5-1.1-9.4

-5.3-0.8-4.4

15d

+0.0-2.9+2.9

-5.3-3.5-1.8

———

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Filatex Fashions board on Sept 8, 2026 approved two changes. First, Mr Rutvikbhai Mukeshbhai Beladiya has been redesignated from Non-Executive Non-Independent Director to Joint Managing Director for 5 years effective September 30, 2026. He holds an MBA in Finance and Marketing. Second, M/s Jigar Trivedi and Co has been appointed as Secretarial Auditor for 5 years (FY 2026-27 to 2030-31). Both require shareholder approval at the next AGM.

Likely market impact

New JMD brings an executive leadership change to the company; long-term auditor adds governance stability. Both need shareholder nod.