FILATFASHNSEFilatex Fashions LimitedLowNeutral
Announced Sat, 4 Apr · 11:49 IST

Filatex Fashions Limited has informed the Exchange about General Updates regarding Intimation of withdrawal of reclassification application under Regulation 31A of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI LODRRegulations )

Ownership Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+12.5%1-day move
₹0.16
prior close
₹0.17
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+0.0+0.0+0.0+0.0+12.5+18.8+25.0+31.3+37.5+50.0+75.0+56.3+18.8+18.8
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AI summary

Filatex Fashions Limited has announced that two promoters, Mr. Mahavir Golechha and Ms. Shailaja Katar, have decided to withdraw their application for reclassification from the 'Promoter' category to the 'Public' category. The company had originally filed this reclassification request on 14.11.2025 with both BSE and NSE. The promoters have now communicated their decision to remain as part of the Promoter group of the company through letters dated 01.04.2026. This withdrawal means the current promoter structure of the company remains unchanged.

Likely market impact

The withdrawal of the reclassification application is a positive signal for existing shareholders, as it indicates the promoters do not intend to exit or reduce their stake in the near term. This provides stability to the company's promoter holding and may prevent any downward pressure on stock price from anticipated selling.