Fiberweb (India) Ltd

Pursuant to Regulation 30 of SEBI (Listing Obligation & Disclosure Requirement) Regulations 2015 we would like to inform you that 59th Meeting of the Board of Directors of the Company held on Friday 17th March 2023 have considered and approved the close down off the Wholly Owned Subsidiary of the company M/s Sheth Non-Woven Trading FZE situated in Ras Alkhaimah United Arab Emirates due to its non-operations.