Filatex India Limited
Bandhan Mutual Fund increased its stake in Filatex India from 1.18% to 1.29% by purchasing 505,941 shares, valued at ₹3.62 Cr at ₹71.57 apiece.
A manufacturer and trader of synthetic yarns and textiles, Filatex India produces polyester chips, narrow fabrics, and related synthetic fiber products for diverse industrial applications. The company operates across the value chain, from raw material processing to finished textile products. Based in India, it serves both domestic and international markets with a comprehensive focus on synthetic fiber-based solutions and specialized textiles.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.