Filatex Fashions Limited has announced the appointment of Prabhat Sethia as Chief Financial Officer (CFO), effective November 11, 2025. This decision was made during a board meeting held on the same date at 10:15 PM. The board also approved the unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025, along with the Limited Review Report, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move is expected to enhance the financial management of the company, as Sethia brings over 34 years of extensive experience in the spinning industry.

In addition to Sethia's appointment, the board has proposed the reclassification of certain shareholders from "Promoter/Promoter Group" to "Public Shareholders." This reclassification is subject to necessary approvals from the stock exchanges and the shareholders. Notable outgoing promoters include Mr. Prashant Kumar Sethia and Mr. Raj Kumar Sethia, who collectively held over 14 lakh shares prior to this change. The board's decision aligns with regulatory compliance and aims to enhance the company's public shareholding structure.

Filatex Fashions reported a total asset valuation of ₹2,50,647.40 lakhs as of September 30, 2025, reflecting an increase from ₹2,44,434.00 lakhs as of March 31, 2025. The equity share capital remains stable at ₹83,340.73 lakhs, while other equity rose to ₹148,071.24 lakhs. The company continues to maintain a strong financial position, with significant trade receivables increasing from ₹14,411.14 lakhs to ₹20,338.93 lakhs. With the new appointment and strategic shareholder reclassification, Filatex Fashions aims to bolster its growth trajectory and improve its market positioning.