ALPHA TRIBE

Garware Technical Fibres LimitedOthers, 11-08-2025: Shareholders meeting

11-08-2025 | 02:15 pm

Garware Technical Fibres reported strong performance with consolidated revenue increasing by 16.2% to 1,540.11 Crore and consolidated profit before tax reaching 308.46 Crore for the financial year. The company will hold its 48th Annual General Meeting via video conference to approve the financial results and a proposed dividend of 1.50 per share. Shareholders will also consider the re-appointment of a director and the ratification of remunerations for cost and secretarial auditors. Key strategic moves included a 4:1 bonus share issue, a share buyback, and the acquisition of two Norwegian companies to boost its global aquaculture and offshore wind energy presence.

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