Fiberweb (India) Limited has informed the Exchange regarding Resignation of Mr. Mukesh Pandya as Chief Financial Officer of the company w.e.f. April 30, 2026.
FIBERWEB · price
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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.
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Mr. Mukesh Pandya has stepped down as Chief Financial Officer of Fiberweb (India) Limited with effect from close of business hours on April 30, 2026. The resignation was due to the completion of his extended tenure, which was originally approved by the Board of Directors on January 30, 2026. The company stated the reason as 'personal reasons' for the departure. No immediate successor has been appointed or intimated in this filing. The company is a manufacturer of Spunbond Nonwoven Fabrics and is ISO certified.
This departure of a key managerial personnel leaves the CFO position vacant. Investors should watch for the appointment of a new CFO, as this transition could impact financial reporting and investor confidence in the near term.