High Street Filatex , formerly known as Tusaldah Limited, has announced its voluntary delisting from the Calcutta Stock Exchange (CSE). This strategic move, effective from November 27, 2025, follows the approval granted by CSE under the Securities and Exchange Board of India (SEBI) regulations.

Key Points of the Delisting

• Effective Date: November 27, 2025
• Exchange Delisted From: Calcutta Stock Exchange (CSE)
• Regulatory Framework: SEBI (Delisting of Equity Shares) Regulations, 2021
• Continuing Listing: BSE Limited

Impact on Investors

Despite the delisting from CSE, High Street Filatex will continue to maintain its listing on the BSE Limited. This ensures that investors will still have access to trade the company's shares on India's primary stock exchange.

Voluntary Delisting Process

The voluntary delisting process typically involves several steps:

1. Board approval for delisting
2. Shareholder approval
3. Application to the stock exchange
4. Approval from the stock exchange
5. Public announcement
6. Offer to buy shares from public shareholders (if applicable)
7. Final delisting

High Street Filatex has successfully completed this process with the CSE, culminating in the approval and subsequent delisting notice.

Implications for the Company

Voluntary delisting from a regional exchange while maintaining presence on a national exchange like BSE may have several implications:

• Potential reduction in compliance costs
• Possible streamlining of regulatory requirements
• Continued access to capital markets through BSE listing
• Potential for improved liquidity by concentrating trading on a major exchange

Investors and stakeholders of High Street Filatex should note that this delisting does not affect the company's operational status or its listing on the BSE. It represents a strategic decision in managing the company's stock exchange presence.

Investors are advised to conduct their own research and consult with financial advisors before making investment decisions based on corporate actions such as delistings.

High Street Filatex Limited , a company engaged in manufacturing and trading of socks, yarn, and commodities, has reported a net loss of Rs 11.06 lakhs for the quarter ended June 30, 2025. The company's board meeting on August 13, 2025, revealed significant corporate changes alongside the financial results.

Financial Performance

The company's financial results for Q1 FY2026 show:

High Street Filatex reported zero revenue from operations and no other income for the quarter. The total expenses amounted to Rs 11.06 lakhs, resulting in a net loss of the same amount.

Corporate Restructuring and Governance Changes

The board meeting resulted in several key decisions:

1. Voluntary Delisting: The company approved voluntary delisting of its equity shares from the Calcutta Stock Exchange (CSE), while maintaining its listing on the BSE Limited.

2. Board Appointment: Mr. Manish Jhanwar (DIN: 05312225) has been appointed as an Additional Director in the capacity of a Non-Executive & Independent Director for a five-year term, subject to shareholder approval.

3. Management Changes:

   • Mrs. Aishwarya Sethia (DIN: 02979618) has resigned from her positions as Director and Chief Financial Officer due to personal reasons.
   • Mrs. Hetal Waglekar has been appointed as the new Chief Financial Officer. She brings over 22 years of experience in Accounts and Finance to the role.

4. Auditor Appointment: M/s. Krishna Rathi & Associates, Company Secretaries, have been appointed as Secretarial Auditors for the Financial Year 2025-26.

Proposed Name Change

In a significant move, the board has approved a proposal to change the company's name from "High Street Filatex Limited" to "Tusaldah Limited". This change is subject to regulatory approvals and shareholder consent.

Conclusion

These developments mark a period of significant transition for High Street Filatex Limited. While the company faces financial challenges as evidenced by the Q1 loss, the management is taking steps to restructure and potentially reposition the company for future growth. Shareholders and market observers will be keenly watching how these changes impact the company's performance in the coming quarters.