Smart Money Alert

Filatex India Limited

DecreasedQuarterly

FILATEXOther Textile ProductsMarket Cap₹4K Cr

Stake

1.55% → 1.53%

Holding

67.98 L shares

Change

−93,155 shares

As of

Sept 2026

Since alert−7.5%₹99.18 → ₹91.79

Nifty 50−0.9%

Kotak Mahindra Life Insurance

Institution

The move

Kotak Mahindra Life Insurance decreased its stake in Filatex India from 1.55% to 1.53%, letting go of 93,155 shares. This change in holding occurred in the context of a rights issue.

About Filatex India Limited

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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.

About Kotak Mahindra Life Insurance

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Wholly owned subsidiary of Kotak Mahindra Bank. Crossed Rs 1 lakh crore in AUM in November 2025, the 25th year of operations, with a 19% CAGR since 2010. CIO Radhavi Deshpande joined from Kotak Mahindra Bank's proprietary trading desk in April 2021 and runs a disciplined large and midcap equity book.

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More moves in Filatex India Limited

Bandhan Mutual FundExited

Bandhan Mutual Fund is no longer listed among the major shareholders of Filatex India Limited, having either completely exited or trimmed its previous 1.29 percent stake to below the 1 percent reporting threshold.

19 Oct 2026

Bank of India Mutual FundNew position

Bank of India Mutual Fund added over 0.33% of Filatex India Limited and now holds 1.33%, or 59,12,914 shares. The stake was added in the context of a rights issue.