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.
Filatex India Ltd has filed its quarterly shareholding pattern as per SEBI regulations for the period ended September 30, 2026.
Filatex India reported a minor fire at its Dahej plant's central store department. The incident caused no production loss, and the facility remains fully operational.
Filatex India Limited has invested Rs. 20.00 crore in its wholly owned subsidiary, Ecosis Limited. The investment involves acquiring 2,00,00,000 equity shares to fund recycling projects and working capital.
Filatex India Limited held its 36th Annual General Meeting, approving financial statements, the re-appointment of its Managing Director, and a dividend of Rs. 0.30 per share.