FIBERWEBBSEFiberweb India LtdMinimalNeutral
Announced Thu, 14 May · 18:26 IST

Please refer the attached intimation

FIBERWEB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹36.52
prior close
₹34.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.7-14.2-18.5-17.9-18.2-20.6-23.3-22.3-15.0
Up moveDown movePending
AI summary

Fiberweb India Ltd has announced the appointment of Mr. Milind Ghelani as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The appointment was approved by the Board of Directors at their meeting held on May 14, 2026, and will be effective from July 1, 2026. Mr. Ghelani holds qualifications as C.A, C.S, and B.Com, and brings over 15 years of experience in financial services, including expertise in audits, compliance, internal controls, taxation, and financial planning. The company manufactures spunbond nonwoven fabrics and holds ISO certifications for quality, environmental, and occupational health and safety management systems.

Likely market impact

The appointment of a qualified and experienced CFO strengthens the company's financial leadership and governance, which is a positive development for shareholders. The effective date of July 1, 2026 gives adequate transition time.