24-Sept-2026 15:26:20
FILATEXExpansion
FILATEX INDIA LIMITED : INVESTMENT IN WHOLLY OWNED SUBSIDIARY WORTH RS 20 CR
• Acquired additional 2,00,00,000 equity shares of Ecosis Limited (Wholly Owned Subsidiary) at ₹10 each. • Total investment in subsidiary is now ~₹85 Cr. • Funds to be used for Polyester Textiles Recycling Project, loan repayment, and working capital. • Transaction is between the company and its wholly owned subsidiary; considered arm's length. • No governmental or regulatory approval required.
Filatex India Limited
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