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Fiberweb India on Monday informed the exchanges that it has bagged one more export order worth ₹21.7 crore from the US for agricultural, hygiene and laminated products. With this, the total order book of export orders has reached ₹100 crore, Fiberweb India said. Fiberweb India manufactures high-quality spun bond polypropylene non-woven roll goods and products that can be used across different sectors. Shares of Fiberweb closed 2.4 per cent higher at ₹143.15 on the BSE.
A meeting of the committee of board of GTL Infrastructure will be held on November 8 to consider allotment of equity shares in lieu of FCCBs. The company has received notices from foreign currency convertible bondholders for conversion of bonds worth $5 million at ₹10 apiece, in terms of the Offering Circular dated October 17, 2012. Following this, the outstanding value of $111,740,000 zero coupon compulsorily convertible bonds due 2017 stand at $27,718,000. Shares of GTL Infrastructure gained 2.5 per cent at ₹4.5 on the BSE.
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