About Filatex Fashions Limited

Filatex Fashions Limited is a Hyderabad-based apparel manufacturer, incorporated in 1994, with its registered office at Gachibowli, Telangana. The company’s equity shares are listed on the BSE and, since May 6, 2024, also on the NSE under the symbol “FILATFASH”. Filatex Fashions specialises in the manufacturing of socks and allied apparel products, catering to schools, corporates, wholesalers, and retailers across India. Its operations span 27 States and 6 Union Territories, with all sales generated domestically and no exports during the year. The company operates one manufacturing plant and one office within India. As per the corporate governance disclosures, it has one subsidiary and no material subsidiaries.

Key milestones during FY 2024–25 include the company’s NSE listing on May 6, 2024, and the stock split approved on July 15, 2024, which subdivided one equity share of Rs 5 face value into five equity shares of Re 1 each. Following this restructuring, the authorised share capital stands at Rs 850,00,00,000, divided into 850,00,00,000 equity shares of Re 1 each, while the paid-up share capital is Rs 8,33,40,72,725, as disclosed in the company’s annual filings.

Business Segments

• By activity: 100% “Textile and other apparel products,” with a full operational focus on socks and allied manufacturing.
• By geography: Domestic – 100%; Exports – Nil, as a percentage of total turnover.

Filatex Fashions Limited Key Management

• Prabhat Sethia – Managing Director
• Sangeeta Sethia – Director
• Yash Sethia – Chief Financial Officer
• Sunil Agarwal – Chief Executive Officer & Additional Director (appointed July 26, 2024)
• Srinivasa Rao Chintala – Company Secretary (appointed April 1, 2024)

Latest Updates on Filatex Fashions Limited

• Market presence: The company expanded its public market visibility with listing on the National Stock Exchange (NSE) on May 6, 2024, under the ticker “FILATFASH”, complementing its existing BSE listing.
• Capital actions: Shareholders approved a stock split on July 15, 2024, reducing the face value of shares from Rs 5 to Re 1. The authorised share capital post-split is Rs 850 crore, divided into 850 crore equity shares of Re 1 each, as per the amended Memorandum of Association.
• Leadership appointments: The company strengthened its senior leadership team with the appointment of a Company Secretary & Compliance Officer effective April 1, 2024, and the induction of a CEO & Additional Director on July 26, 2024. The Board also expanded with the inclusion of Independent and Non-Executive Directors, enhancing governance standards.
• Operations and coverage: Filatex Fashions continues to operate one plant and one corporate office in India, serving customers across 27 States and 6 Union Territories. The company reported no exports during FY 2024–25, maintaining a strong domestic focus within the organised socks and apparel manufacturing segment.