Pravin V. Sheth has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
FIBERWEB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Pravin V. Sheth has filed a Regulation 31(4) disclosure on behalf of all promoters of Fiberweb (India) Limited. The disclosure confirms that promoters collectively hold 1,33,39,261 equity shares (46.33% of the company) and have NOT created any encumbrance or pledge on their shares during the financial year ended 31st March 2025. As on 31st March 2025, nil promoter shares are pledged or encumbered. The individual promoter holdings include Pravin V. Sheth (5.40%), Bhavesh Sheth (28.65%), Soniya Pravin Sheth (0.04%), Unnati Sheth (0.01%), and Gayatri Pipes and Fittings Pvt Ltd (12.23%).
This is a routine negative confirmation — no new pledges were created by promoters, which is a neutral-to-positive signal for shareholders as it indicates no financial stress or forced selling risk from the promoter group. However, total promoter holding at 46.33% means they are below the 50% majority threshold, keeping the company vulnerable to creeping acquisition attempts.