Filatex Fashions Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/04/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 ....
FILATFASH · price
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Filatex Fashions has informed BSE that its Board of Directors will meet on April 3, 2026 to consider raising long-term funds from domestic and/or global markets. The options on the table include issuing equity shares, equity-linked securities, warrants convertible into equity shares, preferential issue, qualified institutional placement (QIP), rights issue, or foreign currency convertible bonds (FCCBs). The company is also expected to seek shareholder and other necessary approvals. The trading window for designated persons remains closed until 48 hours after the declaration of financial results for Q4 and FY ending March 31, 2026.
This is a preliminary intimation with no concrete fundraising decision yet. If the board approves any equity dilution (especially QIP or preferential issue), existing shareholders could see dilution in their holdings. The stock may see some volatility or speculative interest ahead of the April 3 board meeting.