Filatex India Invests ₹15 Crore in Subsidiary Texfil Through Equity Share Acquisition

1 min read     Updated on 16 Jan 2026, 08:22 PM
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Reviewed by
Naman SScanX News Team
Overview

Filatex India has invested ₹15 crores in subsidiary Texfil by acquiring 1.5 crore equity shares. The investment will fund a recycling project, loan repayment, and working capital needs, demonstrating the company's commitment to subsidiary growth and sustainable business practices.

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Filatex India has announced a significant investment of ₹15 crores in its subsidiary Texfil through the acquisition of 1.5 crore equity shares. This strategic move is designed to support multiple key business initiatives within the subsidiary operations.

Investment Details

The investment structure and allocation demonstrate a comprehensive approach to subsidiary development:

Parameter: Details
Investment Amount: ₹15.00 crores
Shares Acquired: 1.5 crore equity shares
Target Company: Texfil (Subsidiary)
Investment Type: Equity share acquisition

Fund Utilization Strategy

The ₹15 crore investment will be strategically allocated across three primary areas to strengthen Texfil's operational capabilities. The funds are earmarked for a recycling project, which aligns with sustainable business practices and environmental responsibility initiatives. Additionally, a portion of the investment will be directed towards loan repayment activities, helping to optimize the subsidiary's debt structure and financial position.

Working Capital Enhancement

A significant component of the investment will be utilized to bolster working capital requirements, ensuring smooth day-to-day operations and supporting business growth initiatives. This capital infusion is expected to provide Texfil with enhanced financial flexibility to pursue operational expansion and meet market demands effectively.

Strategic Implications

This equity investment represents Filatex India's continued commitment to strengthening its subsidiary operations and expanding its business footprint. The focus on recycling projects particularly highlights the company's dedication to sustainable manufacturing practices within the textile industry, positioning both entities for long-term growth in an increasingly environmentally conscious market.

Historical Stock Returns for Filatex India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.42%-8.42%-14.82%-23.37%-15.11%+39.47%
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Filatex India Limited Relocates Corporate Office to New Delhi Location

1 min read     Updated on 26 Dec 2025, 12:40 PM
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Reviewed by
Radhika SScanX News Team
Overview

Filatex India Limited announced the relocation of its corporate office from New Friends Colony to Radisson Hotel premises on M.G. Road, New Delhi, effective January 1, 2026. The company communicated this change to NSE and BSE on December 26, 2025, under Regulation 30 compliance requirements.

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Filatex India Limited has announced the relocation of its corporate office to a new address in New Delhi. The textile company communicated this change to the National Stock Exchange of India Limited and BSE Limited on December 26, 2025, as part of its regulatory disclosure requirements under Regulation 30.

Corporate Office Relocation Details

The company's corporate office will be relocated from its current address to a new premium location in the capital. The following table outlines the relocation details:

Parameter: Details
Current Address: 43, Community Centre, New Friends Colony, New Delhi-110025
New Address: 4th & 5th Floor, Office Block, Radisson Hotel, M.G. Road, New Delhi-110030
Effective Date: January 1, 2026

The new corporate office will be situated in the office block of Radisson Hotel on M.G. Road, which is a prominent business district in New Delhi. This move represents a shift from the current Community Centre location in New Friends Colony to a more centralized business location.

Regulatory Compliance

Filatex India Limited filed this notification with both major stock exchanges where its shares are listed. The company trades on the National Stock Exchange under the symbol FILATEX and on BSE Limited with security code 526227. The notification was signed by Raman Kumar Jha, Company Secretary, ensuring proper corporate governance procedures were followed.

Company Operations

While the corporate office is relocating, the company maintains its registered office and manufacturing operations at other locations. The registered office and works remain at Plot No. 274, Demni Road, Dadra-396193, in the Union Territory of Dadra and Nagar Haveli. Additionally, the company operates manufacturing facilities in Dahej, Gujarat, and maintains a Surat office for regional operations.

This corporate office relocation reflects the company's operational adjustments and does not impact its manufacturing capabilities or registered office status. The change is purely administrative and aimed at enhancing corporate operations from the new Delhi location.

Historical Stock Returns for Filatex India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.42%-8.42%-14.82%-23.37%-15.11%+39.47%
Filatex India
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