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Garware Technical Fibres Ltd - 509557 - Corporate Action-Intimation of Buy back

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 9(i) of the SEBI (Buy-Back of Securities) Regulations, 2018, as amended, the Company has fixed Tuesday, March 12 , 2024 as the Record Date for determining the entitlement and the names of the eligible shareholders / beneficial owners to whom the letter of offer will be sent and who will be eligible to participate in the Buyback, if approved by the Shareholders of the Company.
05-02-2024
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Garware Technical Fibres Ltd - 509557 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith a copy of the Postal Ballot Notice dated 29th January, 2024
05-02-2024
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Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the copy of newspaper advertisement published in "Business Standard (All India) and Loksatta (Pune) editions on Tuesday, 30th January, 2024
30-01-2024
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Q3FY24 Quarterly & 9MFY24 Result Announced for Garware Technical Fibres Ltd.

Textiles company Garware Technical Fibres announced Q3FY24 & 9MFY24 results: Consolidated Q3FY24 Highlights: Net Sales increased by 5% to Rs 289.4 crore in Q3FY24 as compared to Rs 274.6 crore in Q3FY23 Profit before tax increased by 18% to Rs 55.0 crore in Q3FY24 as compared to Rs 46.6 crore in the same period last year Net profit after tax has increased by 18% to Rs 43.3 crore in Q3FY24 as against Rs 36.6 crore in Q3FY23 EPS for Q3FY24 is at Rs 21.23, this is a growth of 20% over Q3FY23 Consolidated 9MFY24 Highlights: Net Sales decreased by 1% to Rs 943.3 crore in 9MFY24 as compared to Rs 935.1 crore in 9MFY23 Profit before tax increased by 25% to Rs 180.2 crore in 9MFY24 as compared to Rs 144.7 crore in 9MFY23 Net profit after tax has increased by 23% to Rs 138.7 crore in 9MFY24 as against Rs 112.5 crore in 9MFY23 EPS for 9MFY24 is at Rs 68.07 this is a growth of 25% over 9MFY23 Vayu Garware, CMD, Garware Technical Fibres, said, “Q3FY24 has shown growth of 18% over previous Q3FY23, despite the disruptions in international logistics faced toward the end of the quarter. Our Geosynthetics business has grown significantly during the quarter and continued the growth momentum of the last 2 years. Margins continued to be strong throughout the year across all businesses so far. With a strong pipeline of orders from aquaculture globally, we look forward to a good fourth quarter. This is of course subject to our ability to reach materials in time to Europe and South America due to the Red Sea challenges." Result PDF
29-01-2024
Bigul

Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

We enclose herewith the Press Release being issued today by the Company for your records and display on your Notice Board.
29-01-2024
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Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Resignation of Director

Mr. Ramesh Manjnath Telang has tendered his resignation as Non-Executive Independent Director with effect from the close of business hours on 30th January 2024, on account of ill health following a recent surgery and its after effects.
29-01-2024
Bigul

Garware Technical Fibres Ltd - 509557 - Announcement under Regulation 30 (LODR)-Change in Directorate

1. Mr. Anil Sadashiv Wagle has been appointed as an Additional Director to be designated as Non-executive Independent Director of the Company with effect from 30th January 2024. 2. Mr. Ramesh Manjnath Telang has tender his resignation as Non-Executive Independent Director with effect from the close of business hours on 30th January, 2024 on account of ill health following a recent surgery and its after effects.
29-01-2024
Bigul

Garware Technical Fibres Ltd - 509557 - Corporate Action-Intimation of Buy back

Board of Directors of the Company at its meeting held on Monday, January 29 2024, subject to approval of shareholders, approved Buyback of upto 5,25,000 Equity Shares at a price of INR 3,800/- per equity share payable in cash for an aggregate amount not exceeding INR 199,50,00,000/- from all shareholder / beneficial owners through tender offer route.
29-01-2024
Bigul

Garware Technical Fibres Ltd - 509557 - Outcome Of Board Meeting Held On January 29, 2024

Please find attached herewith Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended on December 31 2023 as approved by the Board of Directors at its meeting held today i.e., Monday January 22, 2024
29-01-2024
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