Filatex India Limited has informed the Exchange about Outcome of 35th Annual General Meeting held through Video Conferencing on 26th September, 2025
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Filatex India held its 35th AGM via video conferencing on 26th September 2025, which ran for about 36 minutes (5:30 PM to 6:06 PM). Shareholders approved the audited standalone and consolidated financial statements for FY2024-25 and declared a dividend of Rs. 0.25 (twenty-five paise) per equity share of Rs. 1 each for FY ended 31st March 2025. The meeting also approved the re-appointment of three Managing Directors — Madhu Sudhan Bhageria (Chairman & MD), Purrshottam Bhaggeria (Vice Chairman & MD), and Madhav Bhageria — each for a 5-year term, along with the re-appointment of two Independent Directors (Rajender Mohan Malla and Manish Vij) for 5-year terms. Additionally, the Secretarial Auditor was appointed for 5 years from FY2025-26, the object clause of the Memorandum of Association was altered, and shareholders cleared authority to give loans, guarantees, and securities under Section 185 of the Companies Act, 2013.
Shareholders receive a modest dividend of Rs. 0.25 per share, while the re-appointments confirm continuity in the promoter-led management team. The change in the company's object clause and approval for loans/guarantees could signal upcoming expansion or related-party transactions worth watching.