Trading Symbol: FILATFASH

Date: May 23, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Shareholder Approval for Promoter Reclassification

  • Extraordinary General Meeting held on Thursday, May 21, 2026 at 2:00 P.M. through Audio Visual Means (OAVM)
  • Shareholders approved reclassification of Mr. Prashant Kumar Sethia and Mr. Rajkumar Sethia from "Promoter and Promoter Group" category to "Public" category
  • Mr. Prashant Kumar Sethia holds 10,40,100 shares (0.012% of shareholding)
  • Mr. Rajkumar Sethia holds 4,05,987 shares (0.004% of shareholding)

Conditions of Reclassification

The reclassified individuals have confirmed that they shall:

  • Not hold more than 10% of the total voting rights in the Company
  • Not exercise control over the affairs of the Company, directly or indirectly
  • Not have any special rights through formal or informal arrangements, including through any shareholder agreements
  • Not be represented on the Board of Directors of the Company (including not having a nominee director)
  • Not act as a Key Managerial Personnel in the Company
  • Continue to comply with the conditions specified under Regulation 31A of the SEBI LODR Regulations post reclassification
  • Are neither 'wilful defaulters' as per the Reserve Bank of India guidelines nor fugitive economic offenders

Regulatory Approvals

  • BSE Limited granted no-objection via letter LIST/COMP/SJ/022/2026-27 dated April 09, 2026
  • National Stock Exchange of India Limited granted no-objection via letter NSE/LIST/COMP/FILATFASH/540/2026-2027 dated April 09, 2026
  • Original application made by the Company to stock exchanges on November 15, 2025

Relationship Context

  • Mr. Prashant Kumar Sethia and Mr. Rajkumar Sethia are brothers of Mr. Prabhat Sethia, who continues to be a promoter of the Company
  • Mr. Prabhat Sethia holds 42,23,49,801 shares (5.07% of shareholding)
  • Aggregate voting rights of applicants with related persons: 5.086% of total voting rights

Voting Results

  • Resolution required: Ordinary
  • Promoter/promoter group considered interested in the resolution
  • Total votes polled: 11,00,41,3018 (13.2038% of outstanding shares)
  • Votes in favor: 10,71,97,8805 (97.4160% of votes polled)
  • Votes against: 28,43,4213 (2.5840% of votes polled)
  • Promoter and Promoter Group votes (402,15,5574) treated as invalid due to conflict of interest
  • Public Institutions: 0 votes polled
  • Public Non-Institutions: 6,98,25,744 votes polled (8.8723% of their category shares), with 95.9278% in favor and 4.0722% against
  • Resolution passed: Yes