
Board Meeting20 Jul 2026, 07:10 pm
Fabtech Cleanrooms Approves Preferential Issue of Warrants Worth ₹15 Cr
AI Summary
Fabtech Cleanrooms Limited (formerly Fabtech Technologies Cleanrooms Limited) announced that its board of directors has approved a preferential issue of up to 3,80,711 convertible warrants to promoters and promoter group members. Each warrant is convertible into one equity share of face value INR 10. The issue price per warrant is INR 394, aggregating up to INR 15,00,00,134. The warrant subscription price is INR 98.50 per warrant, with the balance INR 295.50 payable upon exercise within 18 months. The company also plans to convene an EGM on August 17, 2026, and has appointed Ms. Jai Vaidya as Company Secretary and Compliance Officer.
Key Highlights
- Board approves preferential issue of 3,80,711 warrants.
- Total issue size amounts to INR 15,00,00,134.
- Warrants convertible into equity shares within 18 months.
- EGM scheduled for August 17, 2026, for member approval.
- New Company Secretary and Compliance Officer appointed.
Price Impact
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