Latest news about Garware Technical Fibres
Garware Technical Fibres
660.65
+17.20(+2.67%)
Company Performance:
View Company Insights1D+2.67%
1M+7.47%
6M-4.76%
1Y-23.39%
5Y+16.25%
More news about Garware Technical Fibres
13May 26
Garware Technical Fibres to Hold Board Meeting on May 20, 2026 to Consider FY26 Audited Results and Final Dividend
Garware Technical Fibres has intimated the stock exchanges of a Board of Directors meeting to be held on May 20, 2026, in compliance with Regulation 29(1)(a) of SEBI (LODR) Regulations, 2015. The board will consider and approve the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. The meeting will also take up the recommendation of a final dividend, if any, for Financial Year 2025-26. The intimation was communicated on May 13, 2026, and signed by Company Secretary Sunil Agarwal.
12May 26
Garware Technical Fibres Issues Public Announcement for ₹110 Cr Share Buyback at INR 680 Per Share
Garware Technical Fibres issued a public announcement on May 12, 2026 for the buyback of up to 16,17,500 equity shares at INR 680 per share for an aggregate amount not exceeding INR 110 crores via the tender offer route. The buyback, approved at the Board Meeting on May 08, 2026, represents 1.63% of paid-up equity capital and 9.46%/9.35% of standalone/consolidated equity capital and free reserves as of March 31, 2025. The record date is May 20, 2026, promoters have opted not to participate, and the statutory auditor has confirmed the buyback is within permissible limits.
09May 26
Garware Technical Fibres Announces Special Window for Transfer and Dematerialisation of Physical Securities
Garware Technical Fibres Limited has announced a SEBI-mandated special window from February 05, 2026 to February 04, 2027, for the transfer and dematerialisation of physical securities sold or purchased prior to April 1, 2019. Shares transferred under this window must be credited in Demat mode and are subject to a one-year lock-in. The notice was published in 'Financial Express' and 'Loksatta' on May 08, 2026, and submitted to stock exchanges under Regulation 30 by Company Secretary Sunil Agarwal.
15Apr 26
Garware Technical Fibres Reports Zero Outstanding Long-term Borrowings for FY 2025-26
Garware Technical Fibres Limited disclosed NIL outstanding long-term borrowings as of March 31, 2026, in its mandatory SEBI compliance filing for FY 2025-26. The company maintained strong credit ratings with ICRA assigning Long Term AA+ (Stable) and Short Term A1+ ratings during the fiscal year. The company confirmed it does not fall under the Large Corporate category as per SEBI guidelines, making certain borrowing framework requirements not applicable to its operations.
12Apr 26
Garware Technical Fibres Launches Second 100 Days Campaign for Shareholder KYC Updates and Dividend Claims
Garware Technical Fibres Limited has launched the Second 100 Days Campaign - "Saksham Niveshak" from April 1 to July 9, 2026, following IEPFA directive to help shareholders update KYC details and claim unpaid dividends. The campaign requires submission of specific forms including ISR-1, ISR-2, SH-13, and ISR-3 through postal or email modes to prevent transfer of shares and dividends to IEPF. Shareholders can submit documents to MUFG Intime India Private Limited by the July 9, 2026 deadline.
06Apr 26
Garware Technical Fibres Files SEBI Compliance Certificate for Q4FY26
Garware Technical Fibres Limited filed its mandatory SEBI compliance certificate for Q4FY26 on April 06, 2026, confirming proper dematerialization procedures under Regulation 74(5). The certificate, supported by confirmation from registrar MUFG Intime India Private Limited, validates that all securities received for dematerialization were processed within prescribed timelines with appropriate verification and record-keeping. The filing demonstrates the company's adherence to depository regulations and maintenance of listing compliance on BSE and NSE.
02Apr 26
ICRA Reaffirms Garware Technical Fibres' AA+ Credit Rating for Rs. 400 Crore Facilities
ICRA Limited reaffirmed Garware Technical Fibres Limited's credit rating at [ICRA]AA+ with stable outlook for working capital facilities worth Rs. 400.00 crore on April 02, 2026. The facilities are distributed across seven major banks with ICICI Bank having the largest exposure at Rs. 95.00 crore. The reaffirmation demonstrates continued confidence in the company's financial strength and debt servicing capabilities.
08Mar 26
Garware Technical Fibres Presents Business Updates and Strategic Initiatives
Garware Technical Fibres showcased its position as a leading technical textiles manufacturer through an investor presentation covering aquaculture solutions addressing global salmon market growth, successful VAR business expansion through OTS acquisition, geosynthetics division growth targeting railways and infrastructure projects worth ₹6.7 lakh crore, and sustainability initiatives achieving 65% renewable energy usage and carbon neutrality progress.
28Feb 26
Garware Technical Fibres Receives Fine Waiver for Board Composition Non-Compliance
Garware Technical Fibres Limited received NSE approval for waiver of Rs. 2,75,000 plus GST fines each from BSE and NSE for non-compliance with board composition requirements during Q3 FY26. The violation occurred due to fewer than six directors and absence of a woman independent director after Ms. Malika Sagar's term ended on August 28, 2025. The issue was resolved with Ms. Kirti Dharmesh Mangwani's appointment on November 25, 2025, following DGCA approval, with no financial impact on the company.
17Feb 26
Garware Technical Fibres Receives NSE Approval for Fine Waiver on SEBI LODR Non-Compliance
Garware Technical Fibres Limited has received NSE approval for waiver of regulatory fines totaling Rs. 1,65,000 plus GST imposed for non-compliance of SEBI LODR Regulation 17(1). The fines were originally imposed by both BSE and NSE for violations during the quarter ended September 30, 2025. The company successfully applied to NSE for waiver covering delays in compliance for quarters ended September 30, 2025 and December 31, 2025, with the exchange's Relevant Authority considering the request favorably.
11Feb 26
Garware Technical Fibres Fined ₹1.94 Lakh Each by NSE and BSE for Board Composition Non-Compliance
Garware Technical Fibres Limited received identical fines of ₹1.94 lakh each from NSE and BSE for 33-day non-compliance with board composition requirements during Q2 FY26. The violation related to the absence of a woman independent director, with the company citing delays in DGCA security clearance as the cause. Compliance was restored on November 25, 2025, with the appointment of Ms. Kirti Dharmesh Mangwani as the new woman independent director.
11Feb 26
Garware Technical Fibres Reports 27.29% Growth in Q3FY26 Net Profit
Garware Technical Fibres Limited reported Q3FY26 standalone net profit of ₹5,396.09 lakhs, up 27.29% from ₹4,239.20 lakhs in Q3FY25, despite revenue declining to ₹33,980.95 lakhs. For nine months FY26, net profit was ₹15,644.80 lakhs versus ₹16,276.47 lakhs previously. The company paid interim dividend of ₹8 per share and completed acquisitions in Norway through its UK subsidiary.
19Jan 26
Garware Technical Fibres Shareholders Approve Independent Director Appointment
Garware Technical Fibres Limited successfully completed its postal ballot process with shareholders approving Ms. Kirti Dharmesh Mangwani as Non-Executive Independent Director for five years. The e-voting process conducted through NSDL received overwhelming support with 99.35% approval rate, demonstrating strong confidence across all shareholder categories including 100% promoter group support.
31Dec 25
Garware Technical Fibres receives BSE caution letter for erroneous XBRL filing in FY 2023-24 compliance report
BSE Limited issued a caution letter to Garware Technical Fibres Ltd on December 30, 2025, for erroneous XBRL filing details in the Annual Secretarial Compliance Report for FY 2023-24. The discrepancies related to incorrect information about SEBI regulation applicability, particularly the SEBI (Prohibition of Insider Trading) Regulations. The company reported no financial or operational impact from this regulatory action.
14Nov 25
White Oak Capital Reduces Stake in Garware Technical Fibres to 2.14%
White Oak Capital Management Consultants LLP has significantly reduced its stake in Garware Technical Fibres Limited. The firm's managed funds now hold 21,23,647 shares (2.14% of paid-up share capital), down from 43,87,550 shares (4.42%) previously. This reduction occurred through open market transactions on November 11, 2025. The disclosure follows a business transfer of Portfolio Management Services from White Oak Capital to WhiteOak Capital Asset Management Limited on April 1, 2024.
11Nov 25
Garware Technical Fibres Declares Rs. 8 Per Share Interim Dividend for FY 2025-26
Garware Technical Fibres Limited (GTFL) has announced an interim dividend of Rs. 8 per equity share (80%) for the financial year 2025-26. The record date is set for November 14, 2025. The company has 9,92,65,845 total equity shares. GTFL provided detailed information on Tax Deduction at Source (TDS) rates for various shareholder categories, ranging from 10% for residents with registered PAN to 20% for non-residents, subject to treaty benefits. Shareholders must submit necessary documents by November 18, 2025, through the RTA portal to ensure appropriate tax deduction.
07Nov 25
Garware Technical Fibres Reports 52% Drop in Q2 Net Profit, Declares Rs. 8 Interim Dividend
Garware Technical Fibres Limited experienced a significant decline in its Q2 financial performance. The company's consolidated net profit fell by 52% year-on-year to Rs. 319.00 million, while revenue decreased by 16.7% to Rs. 3.50 billion. EBITDA also declined to Rs. 484.00 million, with the EBITDA margin contracting to 13.92%. Despite the challenging quarter, the Board declared an interim dividend of Rs. 8.00 per equity share. The company also reported on segment performance, committee reconstitutions, and a recent acquisition in Norway.
08Aug 25
Garware Technical Fibres Reports 13.5% Surge in Q1 Net Profit
Garware Technical Fibres posted strong Q1 results with net profit rising 13.5% to Rs. 53.1 crore. Net sales grew 9% to Rs. 367.2 crore, driven by exponential growth in Geosynthetics and strong performance in International Fisheries. EPS increased by 13.6% to Rs. 5.35. The company faces challenges from US tariffs and geopolitical tensions but maintains a strong balance sheet with total assets of Rs. 1,81,430.42 lakhs.
30Jul 25
Garware Technical Fibres Announces Book Closure, AGM Date, and Rs 1.5 Per Share Dividend
Garware Technical Fibres Ltd (GTFL) has scheduled its 48th AGM for September 2, 2025, via video conferencing. The company has recommended a dividend of Rs 1.50 per share (15%) for FY 2024-25, subject to shareholder approval. Book closure dates are set from August 27 to September 2, 2025. Dividend eligibility for physical shares is based on the Register of Members as of September 2, 2025, and for dematerialized shares on beneficial ownership records as of August 26, 2025. E-voting will be available from August 30 to September 1, 2025, with NSDL facilitating the process.
07Jul 25
Garware Technical Fibres Expands Footprint with Acquisition of Two Norwegian Firms
Garware Technical Fibres Ltd., an Indian manufacturer of technical textiles, has acquired two Norwegian companies, expanding its international presence. While specific details about the acquired firms and deal terms are undisclosed, this strategic move is expected to enhance Garware's access to European markets, expand its product portfolio, increase technological capabilities, and strengthen its presence in the fishing and aquaculture sectors. The acquisition aligns with Garware's strategy of expanding its global footprint.
25Jun 25
Garware Technical Fibres Restructures Norway Operations
Garware Technical Fibres has transferred its Norway branch operations to a local subsidiary. This strategic move aims to optimize the company's presence in the Norwegian market. The restructuring could potentially enhance local presence, improve operational efficiency, ensure better regulatory compliance, and increase market responsiveness. The impact of this change on the company's overall business operations and financial performance is yet to be determined.
23Jun 25
Garware Technical Fibres Expands Global Footprint with Strategic Acquisitions in Norway
Garware Technical Fibres has approved multiple acquisitions to strengthen its position in the global synthetic fiber rope industry. The company will acquire 100% equity in OTS (Offshore Technical Services AS) and AMS (Alpin Marine Services AS) for NOK 122.00 million, as well as Offshore & Trawl Supply AS through its UK subsidiary. These strategic moves aim to expand Garware's global footprint, diversify its product portfolio, and enhance its presence in offshore, aquaculture, and marine sectors across Europe.
18Jun 25
Garware Technical Fibres Expands Global Footprint with New Norwegian Subsidiary
Garware Technical Fibres Ltd (GTFL) has formed a new fully owned subsidiary in Norway, marking its entry into the Scandinavian market. This strategic move aims to strengthen GTFL's presence in Europe, particularly in the Nordic region. The subsidiary is expected to enhance the company's ability to serve customers in Norway and potentially the broader Scandinavian area, leveraging opportunities in maritime and aquaculture industries. This expansion aligns with GTFL's ongoing efforts to grow its international footprint and may facilitate closer collaboration with local industries and research institutions.
15May 25
Garware Technical Fibres Reports Q4 Growth and Announces Dividend
Garware Technical Fibres announced its Q4 results, showing significant growth. Revenue increased by 13.35% year-over-year to ₹4,330.00 million. EBITDA rose to ₹982.60 million, up 7.56% from last year. Net profit grew marginally by 1.40% to ₹710.60 million. The company declared a dividend of ₹1.50 per share. Despite growth, EBITDA margin slightly decreased from 23.90% to 22.72%.
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