Fiberweb promoter Pravin Sheth buys 31,790 shares on open market
- Pravin V. Sheth acquired 31,790 Fiberweb equity shares on the open market
- Purchase occurred across four dates between August 24 and September 9, 2026
- Promoter's total holding increased to 17,25,050 shares (5.99% stake)
- Disclosure filed under SEBI SAST Regulations Regulation 29(2)

*this image is generated using AI for illustrative purposes only.
Fiberweb promoter Pravin V. Sheth acquired 31,790 equity shares on the open market between August 24 and September 9, 2026. The purchase brings his total holding to 17,25,050 shares, representing a 5.99% stake in the company.
The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange and the National Stock Exchange on September 15, 2026.
Holding Details
Sheth’s stake increased from 16,93,260 shares (5.88% of total voting capital) before the transaction to 17,25,050 shares (5.99%) after the purchase. The company’s total equity share capital remains unchanged at 2,87,91,710 equity shares of ₹10 each.
| Metric | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Number of Shares | 16,93,260 | 31,790 | 17,25,050 |
| Stake (% w.r.t. Total Capital) | 5.88% | 0.11% | 5.99% |
Transaction Timeline
The shares were purchased across four separate dates:
- August 24, 2026
- September 7, 2026
- September 8, 2026
- September 9, 2026
All transactions were executed through the open market mechanism. No warrants or convertible securities were involved in the acquisition.
Historical Stock Returns for Fiberweb
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.42% | -0.47% | -13.79% | -31.07% | -42.82% | 0.0% |
Could this incremental buyout signal Pravin V. Sheth's intention to consolidate control or prepare for a potential takeover bid?
How might this promoter confidence impact Fiberweb's stock price volatility and institutional investor sentiment in the coming quarters?
Are there any pending strategic initiatives or operational changes at Fiberweb that align with this timing of share acquisition?


































