Fiberweb (India) Limited has informed the Exchange about Resignation of Director/KMP/SMP

Cfo ResignedKmp 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

-0.4%Reaction day

₹37.80

prior close

₹37.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-0.0% vs market

Other Textile Products peers, median of 186sector-0.2%-0.2% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.2 pts less 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

Stock

+1.7

10m

+1.7

15m

+1.7

30m

+1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.4-0.0-0.2-0.2

Next day

+0.2+1.1-0.9+0.4-0.2

-1.6+1.0-2.6+0.1-1.6

-4.5+2.6-7.1+0.0-4.5

+0.5+4.2-3.7+1.2-0.7

-0.5+4.2-4.7+1.0-1.5

-1.9-0.5-1.4-1.6-0.3

15d

-21.0+0.9-21.9-2.8-18.2

-24.1+1.5-25.6-2.2-21.9

-18.9+9.1-28.0-1.0-17.9

-21.5+8.1-29.5-2.7-18.8

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 186Pending

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 30 April 2026. The resignation is due to ongoing health concerns and doctor's advice requiring extended rest. Originally, his last working day was agreed as 31 January 2026 after serving the notice period. However, he voluntarily extended his service by three months to ensure business continuity. Mr. Pandya held the position since November 2024 and was based in Mumbai.

Likely market impact

The departure of the CFO represents a key management change. While the resignation is due to health reasons and was handled professionally with an extended transition period, investors should monitor for the appointment of a new CFO, as financial leadership continuity is important for listed companies.