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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.42% | -8.42% | -14.82% | -23.37% | -15.11% | +39.47% |










































