FIBERWEB (INDIA) LTD. — AGM Information 2024

Sep 27, 2024

Manufactures of: Spunbond Nonwoven Fabrics

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Date: 27[th] September, 2024

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 39[th] Annual General Meeting held on 27[th] September, 2024

This is further to our letter dated 03[rd] September, 2024 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 39[th] Annual General Meeting of the Company held on 27[th] September, 2024 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 through ballot papers 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 PRAVIN VRAJLAL SHETH PRAVIN DN: c=IN, o=Personal, postalCode=400019, st=Maharashtra, serialNumber=42B1CA804A57F32F787CAF3CC8 VRAJLAL SHETH DC4909D755D654242A3BACB3665DD59C143D5D, cn=PRAVIN VRAJLAL SHETH Date: 2024.09.27 09:50:32 +05'30'

Pravin V Sheth Chairman & Director DIN:00138797 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 CIN NO: L25209DD1985PLC004694 ISO 9001:2015, 14001:2015, ISO 45001:2018

Manufactures of: Spunbond Nonwoven Fabrics

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SUMMARY OF PROCEEDINGS OF 39[TH] ANNUAL GENERAL MEETING

The 39[th] Annual General Meeting (AGM) of the Members of the Company was held on 27[th] September, 2024 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 19th September, 2024 were 25288.

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

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Category Promoter and Public Total
Promoter Group
In Person 3 27 30
Through Proxy / Authorised Representative 2 0 2
Video Conference NA NA NA
Total 5 27 32
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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 Tuesday, 24th September, 2024 and concluded at 5:00 p.m. on Thursday, 26[th] September, 2024. 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. 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 CIN NO: L25209DD1985PLC004694 ISO 9001:2015, 14001:2015, ISO 45001:2018

Manufactures of: Spunbond Nonwoven Fabrics

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The following items of business, as per the Notice of AGM dated August 12, 2024, 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, 2024 together with the Reports of the Board of Directors and Auditors thereon.

3. To appoint a Director in place of Mr. Pravin V. Sheth (DIN: 00138797), who retires by rotation and being eligible offers himself for re-appointment.

4. To appoint a Director in place of Mr. Rajesh U. Shukla (DIN: 08690226), who retires by rotation and being eligible offers himself for re-appointment.

5. To consider re-appointment of M/s Akshay Kirtikumar & Associates LLP as Statutory Auditors of the company

6. 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.

& 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

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 scrutinizer’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 PRAVIN VRAJLAL SHETH PRAVIN DN: c=IN, o=Personal, postalCode=400019, st=Maharashtra, serialNumber=42B1CA804A57F32F787CAF3 VRAJLAL SHETH CC8DC4909D755D654242A3BACB3665DD59C143D5D, cn=PRAVIN VRAJLAL SHETH Date: 2024.09.27 09:51:51 +05'30'

Pravin V Sheth Chairman & Director DIN:00138797

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