Garware Technical Fibres Limited has informed the Exchange regarding Appointment of Mrs Poonam Gupta, in the designation of Chief Human Resource Officer as Senior Management Personnel of the Company with effect from 20th May, 2026.
GARFIBRES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Garware Technical Fibres Limited reported audited financial results for FY2026 ending March 31. Standalone revenue declined to ₹1,41,898.37 Lakhs from ₹1,48,868.01 Lakhs in FY2025, while standalone PAT fell slightly to ₹21,126.53 Lakhs from ₹21,407.49 Lakhs. Consolidated PAT was ₹19,867.39 Lakhs. The Board recommended a final dividend of ₹1 per share, adding to the interim dividend of ₹8 per share already paid, totaling ₹9 per share for FY2026. Key reappointments include Mr. V.R. Garware as Chairman and Managing Director for 5 years from December 2026, and Dr. Shridhar Rajpathak as Independent Director for a second term. The company also approved a share buyback of up to 16,17,500 shares at ₹680 per share (total ₹11,000 Lakhs). New appointment: Ms. Poonam Gupta as Chief Human Resource Officer and Senior Management Personnel effective May 20, 2026.
The company showed marginal decline in profitability amid lower revenue. The total dividend of ₹9 per share and the ongoing share buyback program provide shareholder returns. Appointment of a new CHRO signals focus on human resource development but is not a material market-moving event.