Filatex Fashions Ltd. successfully concluded its Board of Directors meeting on April 3, 2026, approving several significant proposals for capital expansion and fundraising. The meeting, which was previously scheduled in compliance with Regulation 29 of SEBI regulations, resulted in multiple strategic decisions to strengthen the company's financial position.

Foreign Currency Convertible Bonds Approval

The board has approved raising funds through Foreign Currency Convertible Bonds (FCCBs) for an aggregate amount not exceeding USD 100 million. The issuance will be conducted in one or more tranches, subject to member approval and regulatory clearances.

The proposed issuance will be undertaken in accordance with the Companies Act, 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws. The board has also constituted an FCCB Committee to oversee and execute the proposed issuance.

Authorized Share Capital Increase

The board approved a significant increase in the company's authorized share capital to accommodate future growth requirements. The expansion reflects the company's strategic vision for scaling operations.

Investment and Lending Approvals

The board considered and approved proposals for providing loans, guarantees, securities, and investments up to ₹2,000 crores under Section 186 of the Companies Act, 2013. This approval exceeds the prescribed limits and requires shareholder approval through a Special Resolution in General Meeting.

Governance and Compliance Measures

The company has appointed Mr. Sachin Singh, Practicing Company Secretary (Membership No. 67686, CP No. 28269), as the Scrutinizer for the upcoming Extra-Ordinary General Meeting. The board meeting commenced at 2:15 PM IST and concluded at 4:15 PM IST.

The formal communication was signed by Prabhat Sethia, Managing Director (DIN: 00699415), and submitted to BSE Limited and National Stock Exchange of India Limited. All proposals are subject to necessary regulatory approvals and shareholder consent through appropriate resolutions.

Filatex fashions Ltd. has announced the appointment of Mrs. Divya Agarwal as Company Secretary and Compliance Officer, effective February 26, 2026. The appointment was approved by the company's Board of Directors during their meeting held on February 26, 2026, which commenced at 2:00 P.M. and concluded at 2:45 P.M.

Board Meeting Decision

The Board of Directors passed a resolution approving Mrs. Agarwal's appointment as Company Secretary, Compliance Officer, and Key Managerial Personnel of the company. The appointment follows the requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background and Qualifications

Mrs. Divya Agarwal brings substantial experience to her new role at Filatex Fashions Ltd. Her professional credentials and background include:

Key Competencies

Mrs. Agarwal's extensive client-facing experience as a corporate secretary has enhanced her critical thinking and problem-solving abilities, enabling her to make informed decisions in fast-paced business environments. Her qualifications as an associate member of the Institute of Company Secretaries of India demonstrate her professional competency in corporate governance and compliance matters.

Regulatory Compliance and Stock Exchange Communication

The appointment disclosure was made in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has formally communicated this appointment to both BSE Limited and National Stock Exchange of India Limited.

The appointment strengthens Filatex Fashions Ltd.'s corporate governance framework with an experienced professional overseeing company secretarial and compliance functions.