Filatex Fashions Independent Director resigns effective May 23, 2026

Independent Director Dhruv Rameshbhai Chauhan has resigned from Filatex Fashions Limited effective May 23, 2026. The resignation was submitted via a letter dated the same day, citing other professional commitments and time constraints as the reason. The departure was intimated to BSE Limited and National Stock Exchange Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Chauhan held the position of Non-Executive - Independent Director. In his disclosure, he confirmed that there are no material reasons for his resignation other than those cited in his letter. The company acknowledged the resignation and stated that necessary forms will be filed with the Registrar of Companies and other regulatory authorities.

Disclosure Requirement	Details
Reason for change	Due to other professional commitments and time constraints
Date of Cessation	May 23, 2026
Other directorships	NIL
Confirmation on material reasons	Confirmed no other material reasons

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.26%	-4.76%	-13.04%	-44.44%	-60.78%	-92.28%

Filatex Fashions Limited has disclosed that it received notices from the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) dated May 20, 2026. The exchanges imposed a monetary penalty on the company for alleged non-compliance with Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which pertains to the appointment of a qualified Company Secretary as Compliance Officer.

The NSE and BSE levied a fine amounting to ₹34,000 each, along with applicable Goods and Services Tax (GST). The total penalty imposed by each exchange aggregates to ₹40,120. Consequently, the total financial impact on the company amounts to ₹80,240.

Details of the Violation

The action taken by the stock exchanges relates to an alleged delayed compliance with the requirements for appointing a qualified Company Secretary. The company acknowledged that the impact on its financials is limited to the fine imposed by the exchanges.

Particulars	Details
Authority	National Stock Exchange of India Limited and BSE Limited
Nature of Action	Imposition of monetary fine
Reason	Alleged non-compliance with Regulation 6(1) regarding Company Secretary appointment
Date of Receipt	May 20, 2026
Fine per Exchange	₹34,000 + GST
Total Amount per Exchange	₹40,120

Company Response

Filatex Fashions Limited stated that it is currently examining the notices received from the exchanges and shall take appropriate steps in the matter. The company further confirmed that the aforementioned issue will be placed before the Board of Directors in the ensuing Board Meeting to ensure compliance with the applicable provisions of SEBI Listing Regulations and relevant circulars.