CFO Mukesh Pandya resigns from Fiberweb citing health concerns

Cfo ResignedManagement Changes View source PDF Explain this filing

FIBERWEB · price

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Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹37.65

prior close

₹36.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%-0.8% vs market

Other Textile Products peers, median of 182sector+0.6%+0.0% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and in line with its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+0.6+1.5-0.8+0.6+0.0

Next day

-1.2+1.4-2.6+0.4-1.6

-4.1+3.0-7.1+0.5-4.7

+0.9+4.6-3.7+1.6-0.7

-0.1+4.5-4.7+1.0-1.1

-0.4+3.0-3.4+0.0-0.4

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15d

-21.1+2.9-24.0-2.0-19.1

-24.2+4.1-28.2-1.8-22.3

-15.6+10.5-26.1-1.4-14.3

-23.0+11.6-34.6-3.0-19.9

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 182Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Mukesh Pandya, Chief Financial Officer of Fiberweb (India) Limited, has resigned effective April 30, 2026, citing ongoing health concerns and doctor's advice to take an extended period of rest. He had originally agreed to leave on January 31, 2026, after submitting his resignation in November 2025, but requested a voluntary 3-month extension to support continuity of operations before stepping down.

Likely market impact

CFO exit due to health may cause short-term uncertainty; investors will watch for timely appointment of a successor.