Mr. Prabhat Sethia, a promoter of Filatex Fashions Limited, sold 98,57,99,239 shares for ₹13.80 crore at ₹0.14 apiece, decreasing his stake from 16.69% to 4.86% and crossing the 5% disclosure threshold.
A manufacturer of socks and hosiery products, Filatex Fashions Limited operates as a vertically integrated producer serving domestic and international markets. Established in 1995, the company designs and manufactures a comprehensive range of sock varieties for different consumer segments and applications. The company distinguishes itself through its integrated manufacturing capabilities, quality focus, and established distribution network in the competitive hosiery sector.
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