The board of Filatex Fashions at its meeting held on 03 April 2026 has approved the proposal to raise funds by way of issuance of foreign currency convertible bonds for an aggregate amount not exceeding USD 100 million in one or more tranches.

The board also approved increase in authorised share capital from Rs 850 crore to Rs 1000 crore.

Further, the board approved proposal to give loans, guarantees, provide securities and/or make investments upto Rs 2000 crore.