Fabtech Board Approves Subsidiary Investments & Borrowing Limit Increase

Fabtech Technologies Ltd's Board of Directors, in a meeting held on June 25, 2026, approved several key decisions. These include an Overseas Direct Investment in its wholly-owned subsidiary, Fabtech Technologies LLC, for AED 1,00,000, aimed at strengthening market position and expanding operations. The board also approved an investment in the equity shares of another wholly-owned subsidiary, FT Institutions Private Limited. Additionally, the company's borrowing limits were increased, remaining within statutory limits. The term of Non-Executive Independent Director Mr. Shyam Nagorao Khante concluded, and committee reconstitutions were approved effective June 26, 2026. The meeting commenced at 12:00 p.m. and concluded at 12:15 p.m.