FILATFASHNSEFilatex Fashions LimitedHighNegative
Announced Fri, 8 May, 2026 · 16:36 IST

Filatex Fashions Limited has informed the Exchange regarding Resignation of Ms Divya Agrawal as Company Secretary & Compliance Officer of the company w.e.f. May 08, 2026.

Kmp ResignedManagement Changes View source PDFExplain this filing

FILATFASH · price

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Price reactionminutes from the announcement price · days from the prior close
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prior close
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announcement price
After-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+1.4% vs market

On the reaction day the stock moved 1.4 pts more 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
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Sessions after the filingfrom the prior close
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Reaction day
+0.0-1.4+1.4
Next day
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-25.9+6.4-32.3
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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Ms. Divya Agrawal has tendered her resignation as Company Secretary and Compliance Officer of Filatex Fashions Limited, effective May 8, 2026. The stated reason is "pre-occupations and prior commitments." Notably, her resignation letter includes a disclaimer stating she shall not be held responsible or liable for any acts, omissions, non-compliances, defaults, or proceedings during her tenure. The Managing Director & CFO, Prabhat Sethia, signed the exchange intimation. This disclosure is mandatory under SEBI's LODR Regulations.

Likely market impact

The departure of the Company Secretary (a Key Managerial Personnel) creates a compliance gap that needs urgent replacement. The liability disclaimer in the resignation letter raises potential concerns about undisclosed compliance issues during her tenure, which investors should monitor.