Fiberweb India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2025 ,inter alia, to consider and approve Financial Results
FIBERWEB · price
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Fiberweb India Ltd has informed BSE that its 69th Board Meeting will be held on 29th May 2025 via video conferencing. The Board will consider and approve the Standalone Audited Financial Results for Q4 and the financial year ended 31st March 2025, along with the Audit Report. The Board will also review the progress of the proposed Rights Issue and finalize the Offer Letter, regulatory filings, timeline, and communication strategy. Additionally, the Board will consider appointing Mr. Ritesh Sharma (M/s. Ritesh Sharma & Associates) as Secretarial Auditor for a five-year term. The trading window for the stock remains closed from 1st April 2025 until 48 hours after the audited results are declared.
Investors should watch for the FY25 audited results announcement on 29th May 2025, as it will be the first concrete view of full-year performance. The Rights Issue update signals an upcoming capital raise, which could dilute existing shareholders depending on the issue size and pricing. No immediate impact on share price is expected from this intimation alone.