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Garware Technical Fibres Receives Fine Waiver for Board Composition Non

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Garware Technical Fibres Receives Fine Waiver for Board Composition Non

Garware Technical Fibres Limited received NSE approval for waiver of Rs. 2,75,000 plus GST fines each from BSE and NSE for non-compliance with board composition requirements during Q3 FY26. The violation occurred due to fewer than six directors and absence of a woman independent director after Ms. Malika Sagar's term ended on August 28, 2025. The issue was resolved with Ms. Kirti Dharmesh Mangwani's appointment on November 25, 2025, following DGCA approval, with no financial impact on the company.

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