ALPHA TRIBE

Fiberweb (India) LimitedOthers, 30-04-2025: Disclosure under SEBI Takeover Regulations

30-04-2025 | 03:09 pm

Fiberweb (India) Limited's promoters have confirmed holding 1.33 crore equity shares free from any encumbrances for the financial year ending March 31. Specifically, Pravin V. Sheth holds 0.76 crore shares (5.40%), Bhavesh Sheth holds 0.82 crore shares (28.65%), with other promoters holding the remaining shares. This confirmation boosts investor confidence in the promoters' commitment and adherence to transparency in shareholding practices, highlighting a stable ownership structure that may positively impact shareholder perception.

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