StockWatch
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Industrial Products
Board Meeting20 Jul 2026, 07:10 pm

Fabtech Cleanrooms approves preferential issue of warrants worth ₹150 Cr

AI Summary

Fabtech Cleanrooms Limited (formerly Fabtech Technologies Cleanrooms Limited) announced the outcome of its board meeting held on July 20, 2026. The board approved a preferential issue of up to 3,80,711 convertible warrants to promoters and promoter group members. Each warrant is convertible into one fully paid-up equity share within 18 months at an issue price of ₹394 per warrant. The total issue size aggregates up to ₹15,00,00,134. The company also announced an Extra Ordinary General Meeting (EGM) on August 17, 2026, to seek members' approval for the warrants issue. Additionally, Ms. Jai Vaidya has been appointed as the Company Secretary and Compliance Officer, effective July 20, 2026.

Key Highlights

  • Board approved preferential issue of convertible warrants.
  • Total issue size aggregates up to ₹150 Cr.
  • Warrants to be issued to promoters and promoter group.
  • EGM scheduled for August 17, 2026, for member approval.
  • New Company Secretary and Compliance Officer appointed.