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Other Textile Products
Promoter Reclassification23 May 2026, 07:00 pm

Filatex Fashions: Promoter Reclassification Approved

AI Summary

Filatex Fashions Ltd. announces shareholder approval for the reclassification of Mr. Prashant Kumar Sethia and Mr. Rajkumar Sethia from the 'Promoter and Promoter Group' category to the 'Public' category. The approval was granted at the Extraordinary General Meeting held on May 21, 2026. These individuals will no longer be reported as part of the Promoter and Promoter Group in future shareholding patterns. The company has received No-Objection Letters from BSE and NSE for the reclassification.

Key Highlights

  • Shareholders approve reclassification of Prashant Kumar Sethia and Rajkumar Sethia to 'Public' category.
  • Reclassification complies with Regulation 31A of SEBI LODR Regulations.
  • BSE and NSE have issued No-Objection Letters for the reclassification.
  • Reclassified individuals confirm compliance with SEBI LODR Regulations post reclassification.