1. FCCB fundraise up to USD 100 million - The board approved raising up to USD 100 million via Foreign Currency Convertible Bonds in April 2026, with proceeds earmarked for global expansion, capex, acquisitions, and entering new geographies. At roughly 50x the company's current market capitalisation, a successful raise would transform the balance sheet and fund a step-change in scale.
2. White marble supply order - Filatex received a 7-year order from Bloomflora Ventures for 2,97.388 metric tonnes of white marble worth USD 35 million. The contract provides a long-duration, dollar-denominated revenue stream that alone is nearly twice the company's last reported annual revenue.
3. Inter-corporate investment headroom - The board approved a ₹2,000 crore enabling resolution for loans, guarantees, and investments into subsidiaries and other entities, subject to shareholder approval. This creates the legal capacity to deploy the FCCB proceeds quickly into acquisitions or large projects without returning for fresh approvals.
4. Authorised share capital doubled - Shareholders approved increasing authorised capital from ₹850 crore to ₹1,000 crore in May 2026, creating 150 crore additional equity shares. The expanded headroom accommodates future FCCB conversions and equity issuances without procedural delay.
5. Socks capacity expansion - The Hyderabad plant, which produces 0.86 crore pairs annually for brands including Adidas and Walt Disney, has a stated plan to expand capacity. Higher output from an existing, client-anchored facility would lift utilisation and revenue with limited incremental fixed costs.
6. NSE listing - Equity shares began trading on the National Stock Exchange on 6 May 2024, adding to the long-standing BSE listing. The broader exchange presence widens the investor base and improves trading liquidity for a ₹150 crore market-cap stock.