Filatex Fashions Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on May 21, 2026
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. The meeting lasted 37 minutes (2:00 PM to 2:37 PM IST) with 30 members representing 6,49,201 equity shares present, forming the required quorum. Five resolutions were transacted: (1) Special resolution approving raising of funds via Foreign Currency Convertible Bonds (FCCBs), (2) Ordinary resolution for increase in authorized share capital with consequential amendment to Memorandum of Association, (3) Special resolution for approval of loans, guarantees, securities and investments under Section 186(2) of Companies Act 2013, (4) Special resolution for increase in investment limits for FPIs and NRIs/OCIs, and (5) Ordinary resolution for reclassification of certain persons from 'Promoter and Promoter Group' to 'Public' category. All resolutions were deemed passed with requisite majority.
The FCCB issuance approval signals potential capital raising that could dilute existing shareholding. The authorized share capital increase and promoter reclassification suggest possible restructuring of shareholding pattern and future expansion or fund-raising activities.