Classic Filaments Limited Publishes Open Offer Announcement in Newspapers

1 min read     Updated on 10 Feb 2026, 07:25 PM
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Reviewed by
Ashish TScanX News Team
Overview

Classic Filaments Limited has officially published its Offer Opening Public Announcement in newspapers, confirming the ongoing mandatory open offer by four acquirers targeting 15,89,471 equity shares representing 26% stake at ₹10 per share. The company's Compliance Officer Ankita P. Shroff informed BSE Limited about the newspaper publication compliance under SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Classic Filaments Limited has officially published its Offer Opening Public Announcement cum Corrigendum to the Detailed Public Statement in newspapers dated February 10, 2026, marking a significant milestone in the ongoing mandatory open offer under SEBI regulations. The company informed BSE Limited about the newspaper publication through its Compliance Officer and Company Secretary, Ankita P. Shroff.

Open Offer Details and Acquirer Information

Four acquirers have jointly announced their intention to acquire shares in Classic Filaments Limited under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirers include Mr. Sumit Bansal, Mr. Vikkas Bansal (both residents of Faridabad, Haryana), Mr. Tarun Jain (resident of Delhi), and Mr. Varun Jindal (resident of Faridabad, Haryana).

Parameter: Details
Target Shares: Up to 15,89,471 equity shares
Share Value: ₹10 each
Stake Percentage: 26.00% of total paid-up equity
Publication Date: February 10, 2026
Manager: VC Corporate Advisors Private Limited

Regulatory Compliance and Documentation

The offer opening public announcement and corrigendum to the detailed public statement have been published in multiple newspapers including Financial Express (English Daily), Jansatta (Hindi Daily), Pratahkal (Marathi daily), and Ahmedabad Express (Gujarati daily) across various editions, ensuring comprehensive reach to all stakeholders.

Company Information and Contact Details

Classic Filaments Limited, incorporated with CIN L17114GJ1990PLC013667, operates from its registered office at Plot No.1, Priyanka House, Umiyadham Road, Varachha, Surat-395006. The company maintains communication through telephone number 0261-2540570 and email classicfilaments@ymail.com , with its official website at www.classicfilamentsltd.com .

Corporate Details: Information
Script Code: 540310
Compliance Officer: Ankita P. Shroff
Membership No.: A36425
Document Date: February 11, 2026
Digital Signature Time: 11:49:39 +05'30'

The offer complies with Regulation 18(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, with VC Corporate Advisors Private Limited managing the offer documentation and regulatory compliance. The newspaper publication serves as official notification to public shareholders about the ongoing acquisition process and provides essential information for participation in the mandatory open offer.

Historical Stock Returns for Classic Filaments

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+5.91%-4.04%+93.88%+70.62%+1,257.14%

Classic Filaments Limited Reports Q3 FY26 Loss of ₹1.43 Lakhs with Zero Revenue

2 min read     Updated on 30 Jan 2026, 12:00 PM
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Reviewed by
Jubin VScanX News Team
Overview

Classic Filaments Limited announced Q3 FY26 results showing a net loss of ₹1.43 lakhs with zero operational revenue, representing a 37.55% improvement from the previous year's ₹2.29 lakhs loss. The company published its financial results in newspapers as per SEBI Regulation 47 compliance requirements.

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*this image is generated using AI for illustrative purposes only.

Classic Filaments Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a net loss of ₹1.43 lakhs for the third quarter of FY26, showing an improvement from the ₹2.29 lakhs loss recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects continued operational challenges, with zero revenue from operations recorded during the quarter. This pattern remained consistent across all reported periods, indicating the company's current non-operational status.

Financial Metric: Q3 FY26 Q3 FY25 Change
Revenue from Operations: ₹0.00 lakhs ₹0.00 lakhs No change
Total Expenses: ₹1.43 lakhs ₹2.29 lakhs -37.55%
Net Loss: ₹1.43 lakhs ₹2.29 lakhs -37.55%
Basic EPS: -₹0.02 -₹0.04 Improved

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Classic Filaments reported a net loss of ₹9.14 lakhs compared to ₹8.42 lakhs in the corresponding period of the previous year, representing an increase in losses of 8.55%. The company maintained zero revenue from operations throughout this period as well.

Nine-Month Metrics: FY26 (9M) FY25 (9M) Variance
Total Revenue: ₹0.00 lakhs ₹0.00 lakhs No change
Total Expenses: ₹9.14 lakhs ₹8.42 lakhs +8.55%
Net Loss: ₹9.14 lakhs ₹8.42 lakhs +8.55%
Basic EPS: -₹0.15 -₹0.14 Declined

Expense Breakdown

The company's expenses during Q3 FY26 primarily consisted of employee benefits expenses of ₹0.80 lakhs and other expenses of ₹0.63 lakhs. This represents a reduction from the previous quarter's total expenses of ₹2.90 lakhs. The company reported no finance costs, depreciation, or material consumption expenses during the quarter.

Corporate Governance and Compliance

The Board of Directors approved these unaudited financial results at their meeting held on January 30, 2026, which commenced at 11:00 a.m. and concluded at 11:45 a.m. The results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the company published its financial results in newspapers on Saturday, January 31, 2026. The publication appeared in Financial Express (Gujarati) and Financial Express (English) editions.

Compliance Details: Information
BSE Script Code: 540310
Publication Date: January 31, 2026
Newspapers: Financial Express (Gujarati & English)
Compliance Officer: Ankita P. Shroff (A36425)

Lakhankiya & Dosi LLP, Chartered Accountants, conducted a limited review of the financial statements and issued an unqualified opinion. The company maintains its paid-up capital at ₹611.33 lakhs with a face value of ₹10 per equity share.

Business Segment Information

According to the company's disclosures, Classic Filaments operates as a wholesaler in textiles within a single primary business segment and geographical location. The company has adopted Indian Accounting Standards (Ind AS) since April 1, 2017, and continues to prepare its financial statements in accordance with these standards.

Historical Stock Returns for Classic Filaments

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+5.91%-4.04%+93.88%+70.62%+1,257.14%

More News on Classic Filaments

1 Year Returns:+70.62%