Classic Filaments Ltd is in the textile businessBusiness Overview: Company is a wholesaler of textiles
Classic Filaments Limited has completed the acquisition of 51% of Procasts Engineering Private Limited, making it a subsidiary. This strategic move aligns Procasts Engineering's aluminium dye casting business with Classic Filaments' main operations. The company has also appointed Narendra Singh Negi as its Internal Auditor for the financial year 2026-2027.
Classic Filaments Limited has finalized the acquisition of 51% of Procasts Engineering Private Limited, making it a subsidiary. This move aligns Procasts Engineering's aluminium die casting business with Classic Filaments' core operations. The company also appointed Narendra Singh Negi as its Internal Auditor for the upcoming fiscal year.
Classic Filaments Limited has completed the acquisition of 51% of Procasts Engineering Private Limited, making it a subsidiary. This strategic move aims to align Procasts' aluminum dye casting business with Classic Filaments' core operations. The company has also appointed Narendra Singh Negi as its Internal Auditor for the financial year...
Classic Filaments has completed a preferential allotment of 26,94,316 equity shares at ₹51.50 each, raising ₹13.87 Cr. This action increases the company's paid-up share capital from ₹6.11 Cr to ₹8.81 Cr. The allotment brings in new capital from non-promoter investors, expanding the equity base and altering the shareholding pattern. Post-allotment,...
Classic Filaments Limited has appointed Brickwork Ratings India Private Limited as a Monitoring Agency. This agency's role is to meticulously oversee the utilization of funds raised through the company's ongoing Preferential Issue. By ensuring that the capital is deployed exactly as planned, the agency enhances accountability. It will provide quarterly...
