FILTRON ENGINEERS LTD. has announced a series of strategic moves that promise to reshape the company's business landscape and capital structure. The Board of Directors has approved several key decisions that will significantly impact the company's future operations and financial position.

Acquisition of Gabrielle Infra Speciality Private Limited

In a bold move to diversify its business portfolio, Filtron Engineers has given the green light to acquire 100% of the share capital of Gabrielle Infra Speciality Private Limited (GISPL), a construction services company. GISPL, incorporated in July 2022, has shown remarkable growth, with its turnover reaching Rs. 72.24 crore.

Capital Restructuring and Share Issuance

To facilitate this acquisition and strengthen its capital base, Filtron Engineers has outlined a comprehensive capital restructuring plan:

1. Authorized Share Capital Increase: Subject to shareholder approval, the company plans to increase its authorized share capital from Rs. 3.50 crore to Rs. 85.00 crore.

2. Equity Share Issuance: The Board has approved the issuance of up to 4.50 crore equity shares at Rs. 10.00 per share, to be allotted as part of the consideration for the GISPL acquisition.

3. Preference Share Issuance: Additionally, 1.92 crore preference shares will be issued as part of the acquisition consideration.

4. Cash Infusion: The company will also issue 1.59 crore equity shares to non-promoters at Rs. 10.00 per share, aiming to raise Rs. 15.90 crore in cash.

Share Purchase Agreements

As part of the restructuring, Filtron Engineers has entered into share purchase agreements with its promoters. These agreements involve the acquisition of 13,68,250 equity shares by Mr. Tarak Bipinchandra Gor and Mr. Jayesh Sheshmal Rawal.

Timeline and Approvals

The company expects to complete the acquisition transaction within 3-4 months, subject to necessary statutory compliances. A postal ballot notice will be issued to seek shareholder approval for the proposed transactions.

Strategic Implications

This acquisition marks Filtron Engineers' entry into the construction services sector, adding a new business line to its operations. The move is likely to diversify the company's revenue streams and potentially enhance its market position.

Conclusion

Filtron Engineers Limited's decision to acquire GISPL and implement a significant capital restructuring plan signals a transformative phase for the company. As these changes unfold, stakeholders will be keenly watching how this strategic shift impacts the company's growth trajectory and financial performance in the coming periods.

FILTRON ENGINEERS LTD. has made significant announcements following its board meeting held on August 12, 2025. The company has approved its standalone unaudited financial results for the quarter ended June 30, 2025, and appointed a new independent director to its board.

Board Approves Q1 Financial Results

The Board of Directors of Filtron Engineers Ltd, in their meeting which commenced at 19:00 PM and concluded at 22:15 PM, approved the standalone unaudited financial results for the first quarter ended June 30, 2025. These results were recommended by the Audit Committee and have been submitted along with a Limited Review Report from the company's Statutory Auditors.

Appointment of New Independent Director

In a move to strengthen its leadership, Filtron Engineers has appointed Ms. Saloni Sonkar as an Additional Director in the category of Non-Executive Independent Director. This appointment, subject to shareholders' approval, is for a term of 5 years, effective from August 12, 2025.

Key details of Ms. Sonkar's appointment include:

The appointment was made based on the recommendation of the Nomination & Remuneration Committee and is in compliance with SEBI regulations.

Professional Background and Independence

Ms. Sonkar brings a diverse skill set to the board, with hands-on experience in digital marketing and strategic selling. Her appointment aligns with Filtron Engineers' commitment to bringing fresh perspectives to its leadership team.

Importantly, the company has confirmed that Ms. Sonkar is not related to any of the Directors, Key Managerial Personnel, Promoter, or Promoter group of the Company. This ensures her independence in decision-making processes.

Regulatory Compliance

In accordance with regulatory requirements, Filtron Engineers has disclosed that Ms. Sonkar is not debarred from holding the office of Director by any order from SEBI, MCA, or any other such authority. This disclosure complies with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

The company has duly informed the BSE Limited of these developments, adhering to Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

These announcements reflect Filtron Engineers' commitment to transparent governance and strategic growth as it moves forward with its business operations.