Fiberweb (India) Limited has issued a Postal Ballot Notice dated May 14, 2026, seeking shareholder approval for the appointment of Mrs. Reena Gupta as Non-Executive Non-Independent Director of the Company. The notice has been filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the Company's earlier announcement regarding her initial appointment by the Board of Directors on March 27, 2026.

Postal Ballot and E-Voting Details

The resolution is proposed to be passed by Members through remote e-voting only, in compliance with Section 110 and Section 108 of the Companies Act, 2013, read with the applicable MCA Circulars and SEBI Listing Regulations. Link Intime India Private Limited has been engaged as the Registrar and Share Transfer Agent (RTA) to provide the remote e-voting facility. The key details of the e-voting process are summarised below:

Only members whose names appear in the Register of Members or List of Beneficial Owners as on the Cut-Off Date of Friday, May 08, 2026, are eligible to participate in the e-voting process. The Postal Ballot Notice has been sent electronically to members with registered email IDs, and physical copies have been dispatched to members holding shares in physical form.

Resolution: Appointment of Mrs. Reena Gupta

The sole resolution under this Postal Ballot seeks approval for the appointment of Mrs. Reena Gupta as Non-Executive Non-Independent Director, liable to retire by rotation. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee (NRC), had appointed her as an Additional Director with effect from March 27, 2026. The key disclosures pertaining to her appointment, as required under Regulation 36(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Secretarial Standards-2, are as follows:

Mrs. Reena Gupta is a graduate with international professional experience, currently working with one of the Fortune 500 companies in the United States. The NRC and the Board confirmed that she is a fit and proper person for the directorship, is not disqualified under Section 164 of the Companies Act, 2013, and has not been debarred from holding office by SEBI or any other authority. Her areas of expertise include business finance and business transformation.

Board Recommendation and Scrutinizer Process

The Board of Directors recommends the Ordinary Resolution set out in Item No. 1 of the Postal Ballot Notice for approval by Members. Mr. Vivek Sharma, Practicing Company Secretary, has been appointed as Scrutinizer to conduct the postal ballot process in a fair and transparent manner. Upon completion of scrutiny, the Scrutinizer will submit his report to the Chairman of the Company. The results, along with the Scrutinizer's Report, will be uploaded on the Company's website at www.fiberwebindia.com and on the RTA's website, and will also be communicated to BSE Limited and the National Stock Exchange of India Limited. If assented to by the requisite majority, the resolution shall be deemed passed on Tuesday, June 16, 2026, the last date specified for e-voting.

Eligibility and Interested Parties

Except Mrs. Reena Gupta and/or her relatives, no other Director, Key Managerial Personnel, or their respective relatives are concerned or interested, financially or otherwise, in the said resolution. Members are advised to cast their votes exclusively through the remote e-voting system, as no other mode of communication of assent or dissent will be accepted. The Postal Ballot Notice is available for inspection on the Company's website at www.fiberwebindia.com and on the websites of BSE Limited and the National Stock Exchange of India Limited.

Fiberweb (India) Limited , a manufacturer of Spunbond Nonwoven Fabrics, has announced the appointment of Mr. Milind Ghelani as its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). The Board of Directors approved this appointment at their meeting held on 14th May, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment will be effective from 01st July, 2026.

Appointment Details

The following table outlines the key details of Mr. Milind Ghelani's appointment as disclosed under Regulation 30 of the SEBI LODR Regulations:

Profile of the Incoming CFO

Mr. Milind Ghelani is described as a dynamic Finance and Accounts leader with over 15 years of experience in the financial services industry. He has a proven track record across statutory and internal audits, assurance, governance, and compliance. His expertise spans the design and implementation of policies and Standard Operating Procedures (SOPs), strengthening internal control frameworks, and managing accounting, taxation, due diligence, and financial planning and budgeting. He is also noted for delivering clear risk insights and management-focused reporting.

Regulatory Compliance

The appointment has been made in accordance with the provisions of Section 203 of the Companies Act, 2013, and disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI circular SEBI/HO/CFD/CFD-PoD2/CIR/P/2023/120 dated July 11, 2023. The announcement was communicated to both BSE Limited and the National Stock Exchange of India Limited. The disclosure was signed by Pravin V. Sheth, Director and Chairman of Fiberweb (India) Limited.