FIBERWEB (INDIA) LTD. — AGM Information 2023

Sep 28, 2023

Manufactures of: Spunbond Nonwoven Fabrics

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Date: 28[th] September, 2023

	To, BSE Limited Corporate Relations Department, 1st Floor, New Trading Ring, P. J. Towers, Dalal Street, Mumbai - 400 001.	To, National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051.

Reference: BSE Scrip code - 507910 - Fiberweb (India) Limited NSE Scrip code: FIBERWEB

Sub: Proceedings of 38[th] Annual General Meeting held on 28[th] September, 2023

This is further to our letter dated 30[th] August, 2023 and pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a summary of proceedings of 38[th] Annual General Meeting of the Company held on 28[th] September, 2023 at 09.00 a.m. at the Hotel Ocean Inn, Plot No. 20, Devka Beach, Nani Daman (U.T.) - 396 210. The meeting concluded at 09:30 a.m. (IST).

Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the combined results of the remote e-voting and voting during AGM along with the consolidated Scrutinizers report will be submitted to the Stock Exchanges within the prescribed timelines as mentioned in the said Regulations.

You are requested to kindly take above information on your records

Thanking you,

For Fiberweb (India) Limited

Digitally signed by KRUTIKA PRADIP GADA DN: c=IN, o=PERSONAL, title=9591, pseudonym=0f51a82836cdb1fdcafeee17e75afaec, KRUTIKA 2.5.4.20=5553B1C876B6329883EDBDDCA10C64E15BB088 A72B21186A2B265B90C2BE0A99, postalCode=400004, st=MAHARASHTRA, serialNumber=28b6e17ab5dbbce3d4036570ce6fd01ce95 PRADIP GADA 1f2f50301048ed4a1c1d6b9c1219e, cn=KRUTIKA PRADIP GADA Date: 2023.09.28 10:32:45 +05'30'

Krutika Gada Company Secretary & Compliance Officer Membership No – A56481

Encl: As above

Product is manufactured in the plant, where the Management system is certified for ISO 9001 : 2015, 14001 : 2015, ISO 45001 : 2018

Mumbai : “KIRAN”, Ground Floor, 128, Bhaudaji Road, Matunga, Mumbai – 400019. Phone: 91 (22) 2404 4855 / 76 / 24082689 / 90 Regd. Office : Airport Road, Kadaiya, Nani Daman, (U.T.) – 396210. & Works Phone: 91 (260) 222 0766/0458/1458/1858/0958 E-mail : fiberweb@fiberwebindia.com Website : fiberwebindia.com

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CIN NO: L25209DD1985PLC004694 ISO 9001:2015, 14001:2015, ISO 45001:2018

Manufactures of: Spunbond Nonwoven Fabrics

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SUMMARY OF PROCEEDINGS OF 38[TH] ANNUAL GENERAL MEETING

The 38[th] Annual General Meeting (AGM) of the Members of the Company was held on 28[th] September, 2023 at 09.00 a.m. at the Hotel Ocean Inn, Plot No. 20, Devka Beach, Nani Daman (U.T.) - 396 210.

Mr. Pravin Sheth, Chairman of the Company, chaired the proceedings of the Meeting.

The number of shareholders as on record date 20th September, 2023 were 20174. .

The details of number of shareholders present in the meeting are as follows:

Category	Promoter and Promoter Group	Public	Total
In Person	4	26	30
Through Proxy / Authorised Representative	1	0	1
Video Conference	NA	NA	NA
Total	5	26	31

The requisite quorum being present, Chairman called the meeting to order. The Chairman introduced the members of the Board and the invitees present at the meeting. Majority of the directors of the Company attended the meeting. The Chairman of the Audit Committee, Chairman Nomination and Remuneration Committee and Chairman of Stakeholders Relationship Committee were present at this meeting. The Chairman delivered his speech. The Chairman informed that, the Company had provided the Members the facility to cast their vote electronically as well as through Ballot paper for all resolutions set forth in the Notice.

The Chairman informed that, remote e-voting commenced at 9:00 a.m. on Monday, 25th September, 2023 and concluded at 5:00 p.m. on Wednesday, 27[th] September, 2023. Members who were present at the AGM and had not casted their votes electronically were provided an opportunity to cast their votes at the venue of the Meeting. It was further informed that, there would be no voting by show of hands. Mr. Mukesh M. Pandya, CFO, read the Auditor’s Report.

Product is manufactured in the plant, where the Management system is certified for ISO 9001 : 2015, 14001 : 2015, ISO 45001 : 2018

Mumbai : “KIRAN”, Ground Floor, 128, Bhaudaji Road, Matunga, Mumbai – 400019. Phone: 91 (22) 2404 4855 / 76 / 24082689 / 90 Regd. Office : Airport Road, Kadaiya, Nani Daman, (U.T.) – 396210.

& Works Phone: 91 (260) 222 0766/0458/1458/1858/0958 E-mail : fiberweb@fiberwebindia.com Website : fiberwebindia.com

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CIN NO: L25209DD1985PLC004694 ISO 9001:2015, 14001:2015, ISO 45001:2018

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Manufactures of: Spunbond Nonwoven Fabrics

The following items of business, as per the Notice of AGM dated August 11, 2023, were transacted at the meeting

1. To receive, consider and adopt:

2. (a) the Audited Standalone Financial Statements of the Company for the financial year ended 31[st ] March, 2023 together with the Reports of the Board of Directors and Auditors thereon.

3. To appoint a Director in place of Mr Bhavesh P. Sheth (DIN: 02862487), who retires by rotation and being eligible offers himself for re-appointment.

4. To appoint a Director in place of Mrs. Soniya P. Sheth (DIN: 02658794), who retires by rotation and being eligible offers himself for re-appointment.

5. To appoint Mr. Dhrupal Bhadresh Shah (DIN: 10270991) as a Non-Executive, Independent Director.

6. To appoint Mr. Mithilesh Dubey (DIN: 06756709) as a Non-Executive, Independent Director.

7. To approve the continuation of Mr. Pravin V. Sheth (DIN: 00138797) as a Non-Executive Non Independent Director of the Company, pursuant to provisions of Regulation 17(1A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Company had appointed Mr. Ritesh Sharma of M/s R & J Co, Practising Company Secretary as the Scrutinizer for the purpose of scrutinizing the process of remote e-voting held prior and voting during the AGM.

Product is manufactured in the plant, where the Management system is certified for ISO 9001 : 2015, 14001 : 2015, ISO 45001 : 2018

Mumbai : “KIRAN”, Ground Floor, 128, Bhaudaji Road, Matunga, Mumbai – 400019. Phone: 91 (22) 2404 4855 / 76 / 24082689 / 90 Regd. Office : Airport Road, Kadaiya, Nani Daman, (U.T.) – 396210.

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& Works Phone: 91 (260) 222 0766/0458/1458/1858/0958 E-mail : fiberweb@fiberwebindia.com Website : fiberwebindia.com

CIN NO: L25209DD1985PLC004694 ISO 9001:2015, 14001:2015, ISO 45001:2018

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Manufactures of: Spunbond Nonwoven Fabrics

On the invitation of the Chairman, Members who had registered themselves as speakers, addressed the Meeting and sought clarifications on the Company’s accounts and businesses. The Chairman responded to the queries of the Members and provided clarifications.

The Chairman announced that the voting results along with the consolidated scrutiniser’s Report shall be informed to Stock Exchanges and also be placed on the website of the Company and Stock Exchanges.

For Fiberweb (India) Limited

Digitally signed by KRUTIKA PRADIP GADA DN: c=IN, o=PERSONAL, title=9591, pseudonym=0f51a82836cdb1fdcafeee17e75afaec, KRUTIKA 2.5.4.20=5553B1C876B6329883EDBDDCA10C64E15BB 088A72B21186A2B265B90C2BE0A99, postalCode=400004, st=MAHARASHTRA, serialNumber=28b6e17ab5dbbce3d4036570ce6fd01c PRADIP GADA e951f2f50301048ed4a1c1d6b9c1219e, cn=KRUTIKA PRADIP GADA Date: 2023.09.28 10:33:20 +05'30'

Krutika Gada Company Secretary & Compliance Officer Membership No – A56481

Product is manufactured in the plant, where the Management system is certified for ISO 9001 : 2015, 14001 : 2015, ISO 45001 : 2018

Mumbai : “KIRAN”, Ground Floor, 128, Bhaudaji Road, Matunga, Mumbai – 400019. Phone: 91 (22) 2404 4855 / 76 / 24082689 / 90 Regd. Office : Airport Road, Kadaiya, Nani Daman, (U.T.) – 396210.

& Works Phone: 91 (260) 222 0766/0458/1458/1858/0958 E-mail : fiberweb@fiberwebindia.com Website : fiberwebindia.com

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CIN NO: L25209DD1985PLC004694 ISO 9001:2015, 14001:2015, ISO 45001:2018