Fiberweb (India) Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Fiberweb (India) Limited has announced a board meeting on which it approved the financial results for the quarter and half-year, delivering a strong net profit of Rs 17.00 Cr for the full year. The company appointed M/s. A. V. Jobanputra & Co. as internal auditor for FY26 and M/s. Ritesh Sharma & Associates as secretarial auditor for five years, pending shareholder nod. It approved a rights issue to raise funds, with Director Pravin V Sheth authorized to take necessary steps. Key board committees were restructured to boost governance.