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:

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.

Filatex India has announced that its wholly owned subsidiary, Texfil Private Limited, signed a Memorandum of Understanding (MoU) on December 11, 2025, with Indeca Sporting Goods Pvt Ltd, an entity of Decathlon Group, France. The partnership focuses on expanding the use of high-quality recycled polyester in sports apparel through innovative textile-to-textile recycling technology.

MoU Details and Ecosis Technology

The strategic agreement centers around Texfil's proprietary chemical recycling process based on glycolysis that preserves polyester quality. The recycled chips produced through this technology are marketed under the trademark "Ecosis," representing a breakthrough in sustainable textile manufacturing.

Production Capacity and Commercial Plans

Texfil currently operates an 800 kg/day pilot plant for its Ecosis recycled polyester production. The company is establishing a commercial facility with a significantly larger capacity of 26,750 MTPA (metric tonnes per annum), expected to be commissioned in September 2026.

Collaboration Framework

Under the MoU, Decathlon will conduct structured trials of Ecosis recycled polyester chips and yarn with its network of manufacturing partners in India. The partnership also explores establishing a system to channel suitable pre-and post-consumer polyester textile waste from Decathlon Sports India's sourcing ecosystem back to Texfil for recycling.

Leadership Perspectives

Mr. Madhu Sudhan Bhageria, CMD of Filatex, emphasized the collaboration's focus on circularity and sustainable material innovation, stating that "Ecosis is built on the belief that polyester textiles should not be treated as waste." Mr. Deepak D'Souza, Production Director Southwest Asia at Decathlon, highlighted the partnership's alignment with responsible sourcing innovation and sustainability priorities.

This MoU represents a significant step toward creating a truly circular economy in textiles, transforming discarded end-of-life textiles back into new, high-quality chips and yarns while reducing dependence on virgin resources.