Fiberweb India appoints Milind Ghelani as Chief Financial Officer

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FIBERWEB · price

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

+1.1%Reaction day

₹30.66

prior close

₹30.00

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+0.9% vs market

Other Textile Products peers, median of 181sector+0.0%+1.1% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 1.1 pts more than 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

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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+3.6+0.9+2.7-0.3+3.9

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 181Pending

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

AI summary

Fiberweb (India) Limited has appointed Mr. Milind Ghelani as its new Chief Financial Officer and Key Managerial Personnel, effective 1 July 2026. The Board approved the appointment on 14 May 2026. He is a Chartered Accountant and Company Secretary with over 15 years of experience in financial services, covering statutory and internal audits, compliance, governance, and financial planning.

Likely market impact

Routine leadership update with an experienced finance professional taking charge as CFO. No immediate direct impact on stock price expected.