Fiberweb (India) Limited has informed the Exchange about Resignation of Director/KMP/SMP
FIBERWEB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
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Mr. Mukesh M. Pandya, the Chief Financial Officer of Fiberweb (India) Limited, is stepping down from his role citing ongoing health concerns and doctor's advice to take an extended period of rest. He had originally submitted his resignation on 14th November 2025 with a planned last working day of 31st January 2026, but has requested a 3-month extension up to 30th April 2026 to ensure continuity of operations during the transition. All other terms of his employment remain unchanged during the extended period. The filing is formally categorized as a cessation/resignation of a Key Managerial Personnel.
A CFO exit — even an orderly one — creates a leadership gap at the finance function, which may temporarily slow decision-making on financial reporting, fundraising, or compliance. Shareholders should monitor for a timely successor appointment to avoid disruption.