ALPHA TRIBE

Filatex India LimitedJV/Acquisition, 16-01-2026: Acquisition

16-01-2026 | 05:55 pm

Filatex India has invested Rs. 15.00 crore into its wholly-owned subsidiary, Texfil Private Limited. This significant capital infusion is earmarked to accelerate Texfil's Polyester Textiles Recycling Project, bolster working capital, and settle an inter-company loan. This strategic move reinforces the subsidiary's financial health, ensuring key project advancement and operational efficiency. It underlines Filatex's commitment to strengthening its recycling capabilities.

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