Filatex India Acquisition Worth ₹13 Cr
Filatex India acquires Ecosis Limited for Rs 13 Crore cash, a related-party deal. Proceeds fund Ecosis's polyester recycling project and loan repayment.
- Value
- ₹13.00 Cr
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Filatex India acquires Ecosis Limited for Rs 13 Crore cash, a related-party deal. Proceeds fund Ecosis's polyester recycling project and loan repayment.
Filatex India invested Rs.13.00 Crore by subscribing 1.30 crore rights shares of wholly owned subsidiary Ecosis at Rs.10. Funds support the polyester recycling project, loan repayment and working capital.
Filatex India will hold a board meeting on 13 November 2026 to consider standalone and consolidated unaudited results for the quarter and half year ended September 2026. The trading window stays closed until 48 hours after results declaration.