Filatex Fashions has published the public notice for its 32nd Annual General Meeting in national and regional newspapers. The advertisement appeared in The Financial Express and Mana Telengana on September 9, 2026.

The company informed stock exchanges of the publication on September 10, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the earlier intimation regarding the AGM notice dated September 8, 2026.

AGM Details

The meeting will be held via video conferencing at 4:00 pm on September 30, 2026. The register of members and share transfer books will remain closed from September 24 to September 30, 2026, to determine shareholder eligibility.

Shareholders can participate in e-voting from September 27 to September 29, 2026. The cut-off date for determining voting eligibility is September 23, 2026.

Leadership Changes

Rutvikbhai Mukeshbhai Beladiya assumes the role of Joint Managing Director effective September 30, 2026. He transitions from his position as Non-Executive Non-Independent Director. His five-year term requires shareholder approval at the AGM.

Beladiya holds an MBA in Finance and Marketing. His background includes experience in business analysis, market research, and strategic planning. Through internships in business operations and retail marketing, he gained practical exposure to sales analysis and customer behavior assessment.

Strategic Expansion

The board approved incorporating a wholly owned subsidiary in the Republic of Seychelles. This entity aims to facilitate international business operations, aligning with the company's focus on expanding across international and African markets.

Compliance and Governance

The board noted fines imposed by BSE Limited and National Stock Exchange of India Limited for non-compliance with SEBI Listing Regulations. Violations related to Regulations 31, 13(3), and 27(2), as well as Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018.

Management attributed the lapses to pending data from the Registrar and Transfer Agent. The board advised ensuring timely data availability to prevent future issues.

M/s. PNK & Co. was appointed as the scrutinizer for the AGM. M/s. Jigar Trivedi & Co. was appointed as Secretarial Auditor for a five-year term covering FY26-27 to FY30-31.

Filatex Fashions received penalty notices from both the Bombay Stock Exchange and the National Stock Exchange on August 25, 2026. The fines stem from alleged non-compliance with SEBI Listing Regulations regarding the timely submission of corporate governance reports.

The company disclosed the receipt of these notices in a regulatory filing dated August 26, 2026. Each exchange levied a base fine of ₹52,000, which aggregated to ₹61,360 after adding applicable Goods and Services Tax.

Regulatory Violation Details

The penalties relate to Regulation 27(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to submit their corporate governance compliance reports within specified timeframes. Filatex Fashions failed to meet this deadline, triggering the monetary action from the exchanges.

Company Response and Next Steps

Filatex Fashions stated it is currently examining the notices received from the exchanges. The company indicated it will take appropriate steps to address the matter. Additionally, the issue will be placed before the Board of Directors at the ensuing board meeting, in compliance with applicable provisions of the SEBI Listing Regulations.

The company noted that the financial impact is limited to the imposition of the fines by the exchanges. No other operational or financial consequences were disclosed in the filing.