Filatex India Limited (FILATEX) — Related Party Transaction

· NSE 🟡 Notable Neutral
📢 Key Event
Acquisition of 1,00,00,000 shares in Ecosis Limited for Rs.10 crores
🔄 What Changed
Investment in Ecosis Limited increased by Rs.10 crores to fund recycling project, loan repayment, and working capital
🔮 What's Next
None
💡 Investor Takeaway
The acquisition expands Filatex's stake in Ecosis with no new costs or risks disclosed.

Filatex India Limited announced on May 12, 2026, that it acquired 1,00,00,000 equity shares of Rs.1 each in its wholly owned subsidiary Ecosis Limited at Rs.10 per share for a total of ₹10 crores, adding to its existing ₹65 crores investment to fund a polyester textiles recycling project, loan repayment, and working capital. The transaction is a related party acquisition between the company and its subsidiary, conducted on an arm's length basis without promoter or regulatory involvement.

📄 View Original Announcement (PDF)

About Filatex India Limited (FILATEX)

Textiles · Textiles & Apparels · Listed on NSE

Market Cap: ₹1,881.92 Cr P/E: 10.3

View full FILATEX stock details →

📡 Get AI alerts when FILATEX files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track FILATEX — Free

📊 More FILATEX filings

See all FILATEX filings →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

📡 Get AI alerts when FILATEX files new disclosures

Track FILATEX filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track FILATEX — Free

Free account · 2 AI queries/day