Fabtech Technologies Board Approves Advantek Air Systems Acquisition and Preferential Issue

Fabtech Technologies Cleanrooms Limited announced major corporate developments following its board meeting held on February 12, 2026. The board approved two significant transactions: an acquisition to strengthen its position in the air conditioning industry and a preferential equity issue to raise capital. Advantek Air Systems Acquisition Details The company's board approved the acquisition of additional equity stake in Advantek Air Systems Private Limited, a manufacturer of air handling units used in air conditioning industries. This transaction involves acquiring 38,673 equity shares for a total consideration of Rs. 2,54,85,507. Parameter: Details Target Company: Advantek Air Systems Private Limited Acquisition Cost: Rs. 2,54,85,507 Number of Shares: 38,673 equity shares Completion Timeline: On or before March 15, 2026 Transaction Nature: Related party transaction on arm's length basis Advantek Air Systems demonstrates strong financial performance with consistent growth. The company reported a turnover of Rs. 2565.15 lakhs for FY 2024-25, representing growth from Rs. 2199.65 lakhs in the previous year. The target company maintains a paid-up capital of Rs. 27,98,140 against an authorized capital of Rs. 33,00,000. Advantek's Financial Performance Financial Year: Turnover (Rs. Lakhs) 2022-23: 2181.87 2023-24: 2199.65 2024-25: 2565.15 Fabtech Technologies currently holds a 26.1% stake in Advantek, making it an associate company. The acquisition aligns with the company's core business strategy and supports expansion plans in the air conditioning and cleanroom technology sectors. Preferential Equity Issue The board approved a preferential equity issue of 1,24,440 equity shares to raise capital for business operations. The shares will be issued at Rs. 320 per share, generating total proceeds of Rs. 3,98,20,800. Issue Details: Specifications Number of Shares: 1,24,440 equity shares Face Value: Rs. 10 per share Issue Price: Rs. 320 per share Total Consideration: Rs. 3,98,20,800 Allottee: Mr. Raveendra Shetty (Non-promoter) Post-allotment Holding: 1.00% Mr. Raveendra Shetty, classified under the non-promoter category, will receive the entire allocation. Following the allotment, he will hold 1.00% stake in the company. The preferential issue follows SEBI ICDR Regulations and other applicable laws. Regulatory Approvals and Next Steps The board decided to convene the first extraordinary general meeting for FY 2025-26 to seek shareholder approval for these transactions. The company will fix cut-off dates for e-voting purposes and appoint a scrutinizer for the extraordinary general meeting process. Both transactions require shareholder approval through the extraordinary general meeting. The Advantek acquisition requires no additional governmental or regulatory approvals beyond standard compliance requirements. The board meeting concluded at 7:00 PM on February 12, 2026, with Executive Director Amjad Adam Arbani signing the disclosure documents. Fabtech technologies Cleanrooms Ltd has announced strong order booking performance for January 2026, securing consolidated orders worth ₹31.92 crore across multiple industry verticals. The company continues to demonstrate its strategic diversification capabilities across high-growth sectors including pharmaceuticals, renewable energy, and data centers. January 2026 Order Booking Performance The company's order acquisition during January 2026 was led by the pharmaceutical sector, which contributed significantly to the monthly performance. The sector-wise breakdown demonstrates the company's diversified revenue streams and market presence across critical industries. Sector Order Value (₹ Crore) Pharma 17.32 Renewable Energy 14.00 Data Centers 0.30 Others 0.30 Total 31.92 From a business vertical perspective, cleanroom partitions contributed ₹20.90 crore while HVAC systems accounted for ₹11.02 crore of the total order booking. Consolidated Order Book Position As of January 31, 2026, Fabtech Technologies Cleanrooms Ltd maintains a robust consolidated order book valued at ₹255.95 crore. The renewable energy sector dominates the order book composition, reflecting the company's strong positioning in this high-growth segment. Sector Order Book Value (₹ Crore) Renewable Energy 147.57 Pharma 54.21 Others 39.08 Semiconductors 8.58 Data Centres 6.51 Total 255.95 Pipeline and Future Opportunities The company reported orders under active consideration totaling ₹518.36 crore, indicating substantial pipeline visibility. The renewable energy sector leads the pipeline with ₹304.60 crore, followed by pharma at ₹208.34 crore, demonstrating continued momentum in these key verticals. Sector Pipeline Value (₹ Crore) Renewable Energy 304.60 Pharma 208.34 Data Centres 5.00 Others 0.42 Total 518.36 Strategic Market Positioning Fabtech Technologies Cleanrooms Ltd continues to strengthen its market presence across the renewable energy and pharmaceutical sectors. The company's capability to deliver integrated cleanroom and HVAC solutions for advanced manufacturing facilities positions it well to capitalize on growth opportunities across multiple high-value industry segments. The "Others" category encompasses EV batteries, FMCG, and miscellaneous industries, further highlighting the company's diversified market approach. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. 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