Appointment of Ms. Jahnavi Mehta as a Company Secretary and Compliance Officer of the Company.
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Fabtech Technologies Cleanrooms announced several board-level changes effective August 1, 2025. Mr. Sajjankumar Bawri, a Chartered Accountant with over 30 years of experience in finance, taxation, and project financing, was appointed as the new Chief Financial Officer. Ms. Jahnavi Mehta was appointed as Company Secretary and Compliance Officer, bringing seven years of corporate compliance experience. The company also appointed Kiran Doshi & Co. as Secretarial Auditor for a five-year term (FY26–FY30) and SHBA & Co LLP as Internal Auditor for FY26. Additionally, the company is acquiring a 28% equity stake (1,12,319 shares) in Aart Integrated Projects Private Limited for about Rs. 3.99 crore, of which Rs. 2 crore will be adjusted against an existing loan and the balance paid in cash, making Aart an associate company. Aart operates in a similar HVAC and cleanroom solutions business with FY24 revenue of Rs. 12.58 crore, though its revenue has been declining over the past three years.
For shareholders, this signals active strengthening of the management and compliance team alongside a strategic minority acquisition in a related cleanroom/HVAC business. The deal size is modest (~Rs. 4 crore) and partly funded by loan adjustment, keeping cash outflow limited. However, investors should note the target's falling turnover trend (Rs. 19.3 crore in FY22 to Rs. 12.6 crore in FY24), which may temper near-term synergy benefits.