The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhu Sudhan Bhageria & Other
FILATEX · price
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Filatex India's promoter and promoter group together bought 26,00,000 equity shares (0.58% of the company's share capital) through open market purchases between July 30, 2025 and August 21, 2025. Key buyers included Madhu Sudhan Bhageria (1.25 lakh shares), Purrshottam Bhaggeria (1.25 lakh shares), Yaduraj Bhageria (7 lakh shares), Azimuth Investments Ltd (11.75 lakh shares), and Nouvelle Securities Pvt Ltd (4.75 lakh shares). After this acquisition, the total promoter group holding went up from 28.77 crore shares (64.83%) to 29.03 crore shares (65.41%) of the paid-up capital. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, with Vice Chairman & Managing Director Purrshottam Bhaggeria signing on behalf of the promoter group.
Continued open-market buying by promoters is a positive signal of insider confidence in the company's prospects and suggests they view current share prices as attractive. For shareholders, this kind of insider accumulation generally supports the stock and reflects strong belief in future growth.