Filatex India Limited files a merger or restructuring document
In short
Filatex India Limited said it acquired 1,30,00,000 equity shares of Ecosis Limited, formerly known as Texfil Private Limited, making it a wholly owned subsidiary company. In simple terms, Filatex India has taken full ownership of Ecosis Limited by buying all 1.3 crore shares, bringing the company fully under its control. No closing date, deadline, or validity period was stated.
Why it matters
A merger, acquisition or corporate restructuring is in motion — the scheme details in the filing matter more than the headline. This brief was written from the filing itself: at the time of writing, no publisher in our feed had covered it.