Fiberweb India Ltd. Announces Directorate Changes and Committee Reconstitution
Fiberweb India Ltd. announced changes to its board of directors and the reconstitution of several committees on Friday, March 27, 2026.Mrs. Soniya Sheth resigned from her position as director, effective March 27, 2026, due to personal reasons. Subsequently, the company appointed Mrs. Reena Gupta as an additional non-executive director, also effective March 27, 2026. Mrs. Gupta is the spouse of Mr. Bhavesh Sheth and daughter-in-law of Mr. Pravin Sheth, who are existing directors of the company. She holds a graduate degree and brings international experience from a Fortune 500 company.
Following Mrs. Sheth’s resignation, the company reconstituted its Nomination and Remuneration Committee, Sexual Harassment Committee, and Corporate Social Responsibility Committee.
Committee Composition:
| Committee Name | Composition | Category |
|---|---|---|
| Nomination and Remuneration Committee | 1. Mr Sorabh Gupta, Chairman 2. Mr Dhrupal Shah, Member 3. Mrs. Reena Gupta, Member | Non-Executive &Independent Director Non-Executive &Independent Director Non-Executive &Non-Independent Director |
| Sexual Harassment Committee | 1. Ms. Reena Gupta, Chairperson 2. Ms. Unnati Sheth, Member 3. Mr. Gopalan Ravindran, Member | Non-Executive &Non-Independent Director Member Senior Employee |
| Corporate Social Responsibility Committee | 1. Mr. Sorabh Gupta, Chairman 2. Mr. Dhrupal Shah, Member 3. Mrs. Reena Gupta, Member | Non-Executive &Independent Director Non-Executive &Independent Director Non-Executive & Non-Independent Director |
The board meeting commenced at 12:00 P.M. IST and concluded at 01:00 P.M. IST.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.