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FIBERWEB (INDIA) LTD. — Capital/Financing Update 2023
Oct 16, 2023
60935_rns_2023-10-16_2c3b1ee3-88e4-42dc-9bbc-7680e63255af.pdf
Capital/Financing Update
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Manufactures of: Spunbond Nonwoven Fabrics
Date: 16[th] October, 2023
To, To, BSE Limited National Stock Exchange of India Limited Corporate Relations Department, Exchange Plaza, 1st Floor, New Trading Ring, Plot No. C/1, G Block, P. J. Towers, Dalal Street, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai - 400 051.
Reference: BSE Scrip code - 507910 - Fiberweb (India) Limited NSE Scrip code: FIBERWEB
Subject: Company bags another Very prestigious EXPORT ORDERS of value added and Melt Blown products for INRs 109 Million.
Dear Sir,
We are very pleased to inform our shareholders that your company has received another export orders worth INRS 109 Million (US$ 1.31 Million). It is a matter of pride for young team from U.S.A that their efforts have successfully resulted these orders. In USA and other countries, the season has started earlier and this is the only second order of the season. The order covers our both products in the field of PP Spun Bond and Melt Blown Fabrics.
Due to research and development work done by the Company on our product and also preparing innovative converted products, the company has been able to break through in the competitive market of U.S.A with the orders of good profitability. You are aware that we produce Spun Bond Non Woven Fabric (Technical Textile) and its various converted products.
There is continuous research and development and also improvement by which company is able to get the value added products.
Further as informed earlier your company is pioneer in this field and being 100% EOU, largest exporter and a Star Export House. It has established its name as a quality supplier in the international market as it is ISO 9001: 2015; ISO 14001:2015; ISO 45001:2018.
We are pleased to inform our shareholders that Melt Blown Line is in operation since January 2018 and our products are very well accepted in the market.
Contd…2/-
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 : [email protected] 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
: 2 :
Mr. Pravin V. Sheth Congratulated the team of Technicians and our US marketing team, for their continuous efforts. Though there is steep increase in crude oil prices, our raw material, Poly Propylene prices are also increasing but same is absorbed in the selling price and due to devaluation of Rupee the export is very attractive and profitable.
Thanking You,
Yours faithfully,
For Fiberweb (India) Limited
Digitally signed by PRAVIN VRAJLAL PRAVIN SHETH DN: c=IN, o=Personal, postalCode=400019, st=Maharashtra, VRAJLAL serialNumber=42B1CA804A57F32F787CAF3CC8DC4909D755D654242A3BACB3665 DD59C143D5D, cn=PRAVIN VRAJLAL SHETH SHETH Date: 2023.10.16 15:48:14 +05'30' Pravin V. Sheth Chairman Emeritus 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 : [email protected] Website : fiberwebindia.com
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CIN NO: L25209DD1985PLC004694 ISO 9001:2015, 14001:2015, ISO 45001:2018