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Fiberweb (India) Limited ( (IN:FIBERWEB) ) just unveiled an update.
Fiberweb (India) Limited’s board has approved the unaudited standalone financial results for the third quarter and nine months ended 31 December 2025 and taken on record the statutory limited review by its auditors, while also reviewing share capital, committee reports and investor-related matters. In a key strategic move, the board noted a Rs 3.8 crore term loan from Bank of Baroda and formally approved a much larger financing package from State Bank of India comprising a Rs 115 crore term loan and Rs 20 crore working capital facility to fund a Rs 168 crore expansion project, with the balance to come from equity and internal accruals, signalling a significant growth push; additionally, the board agreed to extend the tenure of Chief Financial Officer Mukesh Pandya until 30 April 2026 following his earlier resignation, ensuring continuity in financial leadership during the expansion phase.
More about Fiberweb (India) Limited
Fiberweb (India) Limited operates in the technical textiles sector, manufacturing spunbond nonwoven fabrics from its ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified facilities. The company serves industrial and consumer applications from its manufacturing base in Nani Daman with corporate operations in Mumbai, positioning itself as a quality-focused player in the nonwovens segment.
Average Trading Volume: 6,319
Technical Sentiment Signal: Sell
Current Market Cap: 998.5M INR
See more insights into FIBERWEB stock on TipRanks’ Stock Analysis page.