Filatex Fashions Ltd Announces Board Reconstitution and Key Leadership Appointments

Filatex Fashions Ltd Announces Board Reconstitution and Key Leadership Appointments​

Filatex Fashions Limited has announced significant changes to its board composition and leadership structure following a meeting of the Board of Directors held on July 17, 2026. The company confirmed several high-level appointments alongside the resignation of multiple independent directors and a whole-time director.

Key Leadership Appointments​

The company has appointed Mr. Harimohan Namdev as the Whole Time Company Secretary and Compliance Officer, as well as Key Managerial Personnel, effective July 17, 2026. Mr. Namdev brings 18 years of post-qualification experience in the corporate field. He is a qualified Company Secretary and Fellow Member of the Institute of Company Secretaries of India (Membership Number F9879) and holds a Bachelor's Degree in Law (LL.B.).

Furthermore, the Board approved the appointment of Ms. Suthar Smitaben Bhaveshbhai as an Additional Non-Executive Independent Director for a term of five years, effective July 17, 2026, subject to shareholder approval. Ms. Bhaveshbhai holds a Bachelor of Education (B.Ed.) and a Bachelor of Arts (B.A.) from Hemchandracharya North Gujarat University.

Resignations and Board Transitions​

The company took note of the resignations of two Independent Directors:

• Mr. Nageshwara Rao Chitirala (DIN: 02197018)
• Ms. Sonali Sandeep Joshi (DIN: 10648603)

Both directors resigned effective July 17, 2026, citing personal and unavoidable circumstances. Additionally, the Board acknowledged the resignation of Ms. Sanju (DIN: 10648601) from her position as Whole Time Director, also effective July 17, 2026.

Committee Reconstitutions​

Following these departures, the company restructured several key committees to ensure continued oversight and governance. The revisions involve the induction of Mr. Pratik Bharatbhai Panchal as an Additional Non-Executive Independent Director into various roles.

Audit Committee​

The reconstituted Audit Committee includes:

Nomination & Remuneration Committee​

The committee was restructured as follows:

Stakeholders Relationship Committee​

The committee members are:

Corporate Social Responsibility Committee​

The committee members are:

Independent Directors Committee​

The committee composition is as follows:

FILATFASH Stock Price Movement​

Filatex Fashions Limited shares rallied 5.26% today to settle at ₹0.20 in post-market trading. The stock saw a notable surge on volume totaling 9.97 million shares.