The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pravin V Sheth

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

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

-2.9%1-day move

₹29.88

prior close

₹29.25

base price

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AI summary

Pravin V. Sheth, a promoter of Fiberweb India Ltd, purchased 10,000 equity shares on the open market on 21.05.2026. Before the acquisition, he held 16,65,565 shares (5.78%) of the company. After the purchase, his holding increased to 16,75,565 shares (5.81%). The total share capital of the company is 2,87,91,710 equity shares of Rs. 10 each. This represents a marginal increase of 0.03% in promoter holding. The disclosure was filed on 25.05.2026 under Regulation 29(2) of the SEBI SAST Regulations.

Likely market impact

This is a small incremental purchase by an existing promoter. The stake increase is minimal and the promoter holding remains low at 5.81%, indicating no immediate significant impact on stock price or shareholder control dynamics.