Fabtech Technologies Approves Investments in Subsidiaries, Restructures Committees
The Board of Directors of Fabtech Technologies Limited has approved several strategic decisions, including new investments into two wholly-owned subsidiaries, a change in director tenure, and the reconstitution of key corporate committees. The company also sanctioned an increase in its borrowing limits.During the meeting held on June 25, 2026, the Board considered and approved investment actions following recommendations from the Audit Committee. These investments involve two wholly-owned entities: Fabtech Technologies LLC and FT Institutions Private Limited.
Strategic Investments Detailed
The company committed funds to expand operations and achieve synergies through these strategic investments in its subsidiaries.Investment in Fabtech Technologies LLC (Wholly-Owned Subsidiary)
Fabtech Technologies LLC, which is based in Sharjah and engaged in electrical, plumbing, and construction installation activities, received an investment commitment of up to Rs 24,00,00,000. The company holds a 100% shareholding. As of March 31, 2026, the LLC reported a Net Loss of AED 1,19,226 and had a Networth of (AED 79,325).
| Particulars | Fabtech Technologies LLC Details |
|---|---|
| Industry | Engineering, Procurement, and Construction (EPC) |
| Total Value of Shares | AED 1,00,000 |
| Cost of Acquisition | Upto Rs. 24,00,00,000 |
| FY 2023-24 Turnover | Nil |
Investment in FT Institutions Private Limited (Wholly-Owned Subsidiary)
The company approved the investment in FT Institutions Private Limited, which is based in India and focuses on building pharmaceutical, biotech, and healthcare capabilities. The acquisition involves a 100% cash subscription for Rs 2,49,00,000.
| Particulars | FT Institutions Private Limited Details |
|---|---|
| Industry | Pharmaceutical, Biotech and Healthcare |
| Total Value of Shares | Rs. 1.00 Lakhs |
| Cost of Acquisition | Rs. 2,49,00,000 |
| FY 2025-26 Turnover | Rs. 1,261.56 Lakhs |
Governance and Committee Reconstitution
The Board took note that the tenure of Mr Shyam Nagorao Khante (DIN: 06918122) as a Non-Executive, Independent Director is set to conclude with effect from the end of business hours on June 25, 2026.Furthermore, the company's committees were reconstituted with effect from June 26, 2026. The structure for these bodies is detailed below:
Audit Committee Membership
| Director Name | Position in the Committee | Designation |
|---|---|---|
| Naushad Alimohmed Panjwani | Chairperson | Independent Director |
| Rupal Dhiren Haria | Member | Independent Director |
| Bharti Khanna | Member | Independent Director |
| Chirag Himatlal Doshi | Member | Non-Executive Director |
Nomination and Remuneration Committee Membership
| Director Name | Position in the Committee | Designation |
|---|---|---|
| Rupal Dhiren Haria | Chairperson | Independent Director |
| Bharti Khanna | Member | Independent Director |
| Naushad Alimohmed Panjwani | Member | Independent Director |
| Chirag Himatlal Doshi | Member | Non-Executive Director |
Corporate Social Responsibility Committee (CSR) Members
| Director Name | Position in the Committee | Designation |
|---|---|---|
| Bharti Khanna | Chairperson | Independent Director |
| Amjad Adam Arbani | Member | Non-Executive Director |
| Chirag Himatlal Doshi | Member | Non-Executive Director |
| Hemant Mohan Anavkar | Member | Executive Director |
Financial and Operational Updates
In addition to the investment decisions, the Board of Directors approved an increase in the borrowing limits for Fabtech Technologies Limited. The meeting commenced at 12:00 p.m. and concluded at 12:15 p.m.FABTECH Stock Price Movement
Shares of Fabtech Technologies Limited are ascending, trading at ₹158.64 as of 12:53 PM, after edging higher by 0.60% in live market activity. The stock maintains strong momentum, with 79,526 shares changing hands during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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