High Street Filatex to Consider Q1 Results and Delisting from Calcutta Stock Exchange

1 min read     Updated on 07 Aug 2025, 05:02 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
whatsapptwittershare
Overview

High Street Filatex Limited has scheduled a board meeting for August 13, 2025, to review unaudited Q1 financial results ending June 30, 2025. The board will also discuss voluntary delisting from the Calcutta Stock Exchange while maintaining its BSE listing. A trading window closure is in effect for designated persons until 48 hours after the results announcement. The company's BSE scrip code is 531301, and CSE scrip code is 031175.

16111979

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

High Street Filatex Limited, a textile company based in Jaipur, has announced a significant board meeting scheduled for August 13, 2025. The meeting agenda includes two key items that could impact the company's financial reporting and stock market presence.

Financial Results Review

The board will convene to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2025. This quarterly review is a standard practice for publicly traded companies and provides investors with insights into the company's financial performance.

Potential Delisting from Calcutta Stock Exchange

In a notable development, High Street Filatex is set to discuss the voluntary delisting of its equity shares from the Calcutta Stock Exchange Ltd. (CSE). The company intends to maintain its listing on BSE Limited, which offers a nationwide trading platform. This move, if approved, could streamline the company's stock market presence while potentially reducing compliance costs associated with multiple listings.

Trading Window Closure

In line with regulatory requirements and to prevent insider trading, High Street Filatex has implemented a trading window closure for designated persons. This restriction will remain in effect until 48 hours after the announcement of the quarterly financial results, ensuring fair disclosure practices.

Additional Details

The company's board meeting notification, filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides further context:

  • The meeting is scheduled for Wednesday, August 13, 2025.
  • The potential delisting from CSE would be considered under the provisions of the SEBI (Delisting of Equity Shares) Regulations, 2021.
  • High Street Filatex Limited is registered at B-17, IInd Floor, 22 Godam Industrial Area, Jaipur-302006, India.
  • The company's BSE scrip code is 531301, while its CSE scrip code is 031175.

Investors and market participants will be keenly watching the outcomes of this board meeting, particularly the Q1 financial results and the decision regarding the potential delisting from the Calcutta Stock Exchange. The company's commitment to remaining listed on BSE Limited suggests a strategic focus on maintaining visibility in India's primary stock market while potentially simplifying its listing structure.

Historical Stock Returns for High Street Filatex

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-0.90%+20.87%+45.71%+240.53%+1,892.46%
High Street Filatex
View in Depthredirect
like20
dislike

Pratika Jain Acquires Significant Stake in High Street Filatex Through Off-Market Purchase

1 min read     Updated on 28 Jul 2025, 07:19 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
whatsapptwittershare
Overview

Pratika Jain has acquired 87,199 shares of High Street Filatex Limited through an off-market purchase on December 24, 2024. The transaction was disclosed to the BSE, where the company is listed. High Street Filatex has a total equity share capital of 6,47,000 shares with a face value of Rs. 10.00 each. The company filed a revised disclosure to include the transaction date, demonstrating compliance with regulatory requirements.

15256204

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

High Street Filatex Limited , a company listed on the BSE, has reported a significant off-market transaction involving the acquisition of a substantial number of its shares. According to a recent disclosure filed with the stock exchange, Pratika Jain has acquired 87,199 shares of the company through an off-market purchase.

Transaction Details

The transaction, which took place on December 24, 2024, has caught the attention of market observers due to its size and nature. Here are the key details of the acquisition:

  • Acquirer: Pratika Jain
  • Number of Shares Acquired: 87,199
  • Mode of Acquisition: Off-market purchase
  • Date of Transaction: December 24, 2024
  • Acquirer's Relation to Company: Non-promoter

Regulatory Compliance

The company has submitted a revised disclosure to the stock exchange, correcting an earlier omission of the transaction date in the original filing. This move demonstrates High Street Filatex's commitment to regulatory compliance and transparency in reporting significant share movements.

Impact on Shareholding

While the exact percentage of shareholding acquired by Pratika Jain has not been explicitly stated, the acquisition represents a notable portion of the company's total equity share capital. High Street Filatex Limited's total equity share capital stands at 6,47,000 equity shares, each with a face value of Rs. 10.00.

Disclosure Requirements

The disclosure was made in accordance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires investors to disclose their shareholding and voting rights when they acquire a substantial quantity of shares or voting rights in a listed company.

Company Background

High Street Filatex Limited is listed on the BSE Limited, one of India's premier stock exchanges. The company's shares are traded under the regulations and oversight of the Securities and Exchange Board of India (SEBI).

This off-market transaction highlights the ongoing interest in High Street Filatex Limited's shares and may be of significance to existing shareholders and potential investors monitoring the company's ownership structure.

Historical Stock Returns for High Street Filatex

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-0.90%+20.87%+45.71%+240.53%+1,892.46%
High Street Filatex
View in Depthredirect
like18
dislike
Explore Other Articles
224.75
-11.80
(-4.99%)