Acquisitions9 Sept 2025, 06:42 pm
Fabtech Technologies Cleanrooms Ltd Acquires 28% Stake in Aart Integrated Projects Private Limited for INR 3.99 Crores
AI Summary
Fabtech Technologies Cleanrooms Ltd has completed the acquisition of a 28% stake in Aart Integrated Projects Private Limited by acquiring 97,222 equity shares at a premium of INR 401 per share, amounting to INR 3.99 Crores. This strategic investment aims to strengthen Fabtech's presence in the relevant sector and explore potential synergies with Aart Integrated Projects to accelerate growth and expansion into high-potential markets. Post-acquisition, Aart Integrated Projects is now an Associate company of Fabtech.
Key Highlights
- Fabtech Technologies Cleanrooms Ltd acquires 28% stake in Aart Integrated Projects Private Limited
- Total consideration of INR 3.99 Crores settled partly through adjustment against the loan and partly in cash
- Aart Integrated Projects is engaged in business of Complex HVAC, cleanroom, turnkey cleanroom facility solutions, cleanroom projects services
- Aart Integrated Projects has a presence in India with a turnover of INR 12.58 Crores in FY 2024
- Post-acquisition, Aart Integrated Projects is now an Associate company of Fabtech Technologies Cleanrooms Ltd