Filatex India Limited (FIL) announced on January 16, 2026, that it has acquired an additional 1,50,00,000 Equity Shares of its wholly-owned subsidiary, Texfil Private Limited (Texfil). The face value of each share is ₹1, and they were acquired at a price of ₹10 each, amounting to an aggregate investment of ₹15.00 crore.

This strategic investment is earmarked to finance Texfil's ongoing Polyester Textiles Recycling Project, facilitate the repayment of an existing loan taken from Filatex India, and support its working capital requirements.

The transaction is classified as a related party transaction, occurring between the company and its wholly-owned subsidiary. It has been conducted on an arm's length basis, with no interest from Filatex India's promoters, promoter group, or other group companies. No governmental or regulatory approvals were required for this acquisition.