Fiberweb India has informed about allotment of 1,000,000 Equity Shares on Conversion of Convertible Equity Warrants issued by the Company on preferential basis to group of Strategic Investors, not forming part of the Promoter Group of the Company in terms of SEBI (ICDR) Regulation, 2009 and as per resolution passed by the member at their Extra Ordinary General Meeting held on 18th February, 2017.
The above information is a part of company’s filings submitted to BSE.