Pravin V. Sheth, promoter of Fiberweb (India) Limited, has acquired 10,692 equity shares of the company through open market purchases, according to a regulatory disclosure filed on February 26, 2026. The acquisition was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share purchases were executed over two trading sessions on February 23 and 24, 2026, through open market transactions. The acquisition represents a modest increase in the promoter's stake in the textile manufacturing company.

Shareholding Changes

The acquisition resulted in a marginal increase in Sheth's shareholding percentage in Fiberweb (India) Limited. His total holding now represents 5.78% of the company's total share capital.

Company Share Capital

Fiberweb (India) Limited's equity structure remained unchanged following the transaction. The company maintains its total equity share capital at 2,87,91,710 equity shares of Rs. 10 each. The shares are listed on both BSE Limited (Scrip Code: 507910) and National Stock Exchange of India Limited (Scrip Code: FIBERWEB).

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisition of shares. Sheth, operating from his registered address at Kiran Building, Matunga, Mumbai, submitted the required documentation to both stock exchanges and the company's management. The company was formally notified of the share purchase on February 26, 2026.

The transaction reflects the promoter's continued confidence in the company's prospects, though the acquisition represents only a minor adjustment to the overall shareholding structure of Fiberweb (India) Limited.

Fiberweb (India) Limited has announced a significant boost to its order book following favorable changes in US trade policy. The nonwoven fabric manufacturer secured multiple export orders worth over ₹8 Crore from American customers after the United States reduced tariffs on Indian goods.

Order Details and Market Response

The company received more than 15 new export orders from the United States within a record timeframe of just a few hours following the trade policy announcement. This rapid response demonstrates the immediate impact of the tariff reduction on business opportunities.

Trade Policy Impact

The surge in orders followed the US President Donald Trump's announcement of concluding a trade deal with India. The reduction in US reciprocal tariffs on Indian goods from 50% to 18% created improved market opportunities for Fiberweb's products. This tariff reduction acted as a primary catalyst, enabling the company to leverage its existing relationships with American distributors and end-users.

Management Commentary

Bhavesh P Sheth, President of Fiberweb (India) Limited, expressed encouragement at the immediate positive response from US partners. He highlighted that securing orders worth over ₹8 Crore in such a short timeframe demonstrates the company's operational agility and global product reputation. The management emphasized their commitment to scaling production to meet increased demand and delivering value to stakeholders.

Corporate Governance Compliance

The company has confirmed compliance with related party transaction norms. None of the promoters or promoter group companies have any interest in the entities that placed these orders. The transactions do not fall within the ambit of related party dealings, ensuring transparency in the business development.

Company Profile

Fiberweb (India) Limited operates as a 100% Export Oriented Unit (EOU) manufacturing spunbond and melt-blown nonwoven fabrics. The company serves diverse sectors including hygiene, medical, and industrial garments globally. Its manufacturing facilities maintain ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, ensuring quality and compliance standards.