Filatex Fashions Limited announced multiple significant corporate developments following its board meeting held on April 28, 2026. The meeting, which commenced at 11:00 AM IST and concluded at 12:00 PM IST, addressed several material events requiring regulatory disclosure under SEBI regulations.

Investment Limit Modifications

The board approved substantial increases in foreign investment limits to enhance the company's access to international capital. The changes include raising the aggregate investment limit for Non-Resident Indians and Overseas Citizens of India from the current 10% to 24% of the company's paid-up equity share capital. Similarly, Foreign Portfolio Investors' investment ceiling will be increased from 24% to the applicable sectoral cap.

These modifications are subject to shareholder approval through special resolution and other requisite regulatory approvals.

FCCB Registry Management

The board appointed M/s. Accurate Securities & Registry Private Limited as the Registrar and Transfer Agent for the proposed Foreign Currency Convertible Bonds issuance. This appointment, effective April 28, 2026, will facilitate registry management, investor servicing, and related compliance activities for the FCCB issue.

Promoter Reclassification Approval

In a significant corporate governance development, the board approved reclassification requests from two promoters seeking to move from 'Promoter and Promoter Group' category to 'Public' category. The requests from Mr. Prashant Kumar Sethia and Mr. Rajkumar Sethia align with Regulation 31A of SEBI LODR Regulations.

The reclassification process has received regulatory support, with both BSE Limited and National Stock Exchange of India Limited issuing no-objection letters dated April 09, 2026. The applicants have confirmed compliance with all conditions prescribed under Regulation 31A.

Governance and Procedural Matters

To ensure transparent decision-making, the board appointed Richi Prerak & Associates (FRN: P2018GJ071000), Practicing Company Secretary, as scrutinizer for the e-voting process. The firm will oversee voting procedures for the upcoming Extra-Ordinary General Meeting.

Shareholder Meeting Schedule

An Extra-Ordinary General Meeting has been scheduled for May 21, 2026, where shareholders will vote on the proposed matters. The board approved the draft notice and explanatory statement for the EGM, ensuring comprehensive disclosure of all material information to shareholders.

These developments reflect the company's strategic initiatives to expand funding options, optimize capital structure, and enhance corporate governance frameworks. All proposed changes require shareholder approval and regulatory compliance before implementation.

Filatex fashions Limited has filed its mandatory confirmation certificate with stock exchanges BSE and NSE, complying with SEBI depositories regulations for the quarter ended March 31, 2026. The submission, dated April 17, 2026, fulfills requirements under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the certificate to both major Indian stock exchanges where its shares are listed. The filing was addressed to BSE Limited at P.J. Towers, Dalal Street, Mumbai, and National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex, Mumbai.

Registrar Confirmation

The confirmation certificate was issued by MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serving as the company's Registrar and Transfer Agent. MUFG Intime confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to depositories within prescribed timelines.

Dematerialisation Process Confirmation

MUFG Intime confirmed that all securities received for dematerialisation were properly verified, with security certificates being mutilated and cancelled after due verification by depository participants. The registrar also confirmed that depositories' names were substituted in the register of members as registered owners within prescribed regulatory timelines.

Corporate Authorization

The filing was authorized by Prabhat Sethia, Managing Director of Filatex Fashions Limited, bearing DIN 00699415. The document was digitally signed on April 17, 2026, ensuring proper corporate governance and regulatory compliance.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency and proper handling of share dematerialisation processes as mandated by SEBI regulations.