
Board Meeting29 Oct 2026, 06:21 pm
Fiberweb India Approves Unaudited Standalone Results, New Project
AI Summary
Fiberweb India Ltd announced the outcome of its Board Meeting held on October 29, 2026. The Board approved the Unaudited Standalone Financial Results for the second quarter and six months ended September 30, 2026. The company's auditors issued a Limited Review Report for these results. Additionally, the Board approved the proposed setting up of a needle-punched non-woven fabric manufacturing project and authorized a director to oversee its implementation, including securing funding and obtaining necessary approvals. The meeting also reviewed share capital audit reports, committee reports, investor complaints, and related party transactions.
Key Highlights
- Board approved Unaudited Standalone Financial Results for Q2 & H1 FY27.
- Auditors issued a Limited Review Report for the financial statements.
- Approved setting up of a needle-punched non-woven fabric project.
- Director authorized to implement the new manufacturing project.
- Reviewed related party transactions and other corporate reports.
Price Impact
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