Filatex Fashions Limited – Board Meeting Outcomes (BSE: 532022, Trading Symbol FILATFASH)

Date of announcement: 17 July 2026

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Introduction

Filatex Fashions Limited filed a Regulation 30 disclosure with the BSE and NSE, reporting the outcomes of its board meeting held on 17 July 2026. The notice details several senior‑management appointments, resignations of independent directors and a whole‑time director, and the consequent reconstitution of key board committees.

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Key Board Decisions

1. New Appointments

Position	Person	Effective Date	Term / Details
Whole Time Company Secretary & Compliance Officer (Key Managerial Personnel)	Mr. Harimohan Namdev (M.No. F9879)	17 July 2026	Qualified Company Secretary, 18 years corporate experience
Additional Non‑Executive Independent Director	Ms. Suthar Smitaben Bhaveshbhai (DIN 10721816)	17 July 2026	5‑year term, subject to shareholder approval
Chairperson – Audit Committee	Ms. Suthar Smitaben Bhaveshbhai	17 July 2026	Replaces Ms. Sonali Sandeep Joshi
Member – Audit Committee	Mr. Pratik Bharatbhai Panchal	17 July 2026	Replaces Mr. Nageshwara Rao Chitirala
Chairperson – Nomination & Remuneration Committee	Mr. Pratik Bharatbhai Panchal	17 July 2026	Replaces Mr. Nageshwara Rao Chitirala
Member – Nomination & Remuneration Committee	Ms. Suthar Smitaben Bhaveshbhai	17 July 2026	Replaces Ms. Sonali Sandeep Joshi
Chairperson – Stakeholders’ Relationship Committee	Mr. Pratik Bharatbhai Panchal	17 July 2026	Replaces Mr. Nageshwara Rao Chitirala
Member – Stakeholders’ Relationship Committee	Ms. Suthar Smitaben Bhaveshbhai	17 July 2026	Replaces Ms. Sonali Sandeep Joshi
Chairperson – CSR Committee	Mr. Pratik Bharatbhai Panchal	17 July 2026	Replaces Mr. Nageshwara Rao Chitirala
Member – CSR Committee	Ms. Hemalatha Ayepu	17 July 2026	Continues as member
Chairperson – Independent Directors’ Committee	Ms. Hemalatha Ayepu	17 July 2026	Replaces Ms. Sonali Sandeep Joshi
Member – Independent Directors’ Committee	Mr. Pratik Bharatbhai Panchal	17 July 2026	Replaces Mr. Nageshwara Rao Chitirala
Member – Independent Directors’ Committee	Ms. Suthar Smitaben Bhaveshbhai	17 July 2026	Continues as member

2. Resignations Accepted

Departing Director	Role	Effective Date	Reason (as disclosed)
Mr. Nageshwara Rao Chitirala (DIN 02197018)	Independent Director	17 July 2026	Personal and unavoidable circumstances
Ms. Sonali Sandeep Joshi (DIN 10648603)	Independent Director	17 July 2026	Personal and unavoidable circumstances
Ms. Sanju (DIN 10648601)	Whole‑Time Director (Professional)	17 July 2026	Personal and unavoidable circumstances

3. Committee Reconstitutions

Following the above resignations, the board reconstituted the following committees (members shown above):

• Audit Committee – chaired by Ms. Suthar Smitaben Bhaveshbhai.
• Nomination & Remuneration Committee – chaired by Mr. Pratik Bharatbhai Panchal.
• Stakeholders’ Relationship Committee – chaired by Mr. Pratik Bharatbhai Panchal.
• Corporate Social Responsibility Committee – chaired by Mr. Pratik Bharatbhai Panchal.
• Independent Directors’ Committee – chaired by Ms. Hemalatha Ayepu.

All reconstitutions were approved in the same board meeting (05:00 PM – 05:30 PM).

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Regulatory Compliance

• The disclosures comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the latest SEBI Master Circulars (Nov 2024 & Jan 2026).
• Required annexures (Annexure A, B‑1, B‑2, B‑3) containing detailed resignation letters and compliance statements have been filed.
• No director is debarred under any SEBI order or the BSE/NSE circular dated 20 June 2018.

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Investor Take‑aways

• Management continuity: The appointment of Mr. Harimohan Namdev as Company Secretary & Compliance Officer adds experienced secretarial oversight.
• Board stability: Despite the departure of two independent directors and a whole‑time director, the board swiftly filled the gaps, ensuring all statutory committees remain fully staffed.
• Governance focus: Reconstitution of committees with a mix of existing and newly appointed independent directors underscores the company’s commitment to robust corporate governance.

No financial performance data or forward‑looking guidance was disclosed in this filing. Investors should monitor subsequent filings for any impact on the company’s strategic direction or financial results.