Fiberweb (India) Limited at its board meeting held on January 30, 2026, the board took note of the sanction of a Term Loan of INR 38,000,000 received from Bank of Baroda. The Board discussed and passed a resolution approving that State Bank of India has sanctioned a Term Loan of INR 1,150,000,000 and working Capital of INR 200,000,000. The Company is
setting up a new project. The total project cost of this expansion will be INR 1,680 million for which funding has been tied up with State Bank of India who have sanctioned a term
loan of INR 1,150 million (and working capital of 200 million), and balance is been funded from equity and internal accruals.
Fiberweb Limited Announces Loan from Bank of Baroda and State Bank of India
Published on 01/30/2026 at 04:31 am EST
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