Outcome of the Board Meeting held on August 01, 2025.
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Fabtech Technologies Cleanrooms informed the exchange about decisions taken at its August 1, 2025 board meeting. The board appointed Mr. Sajjankumar Bawri (a Chartered Accountant with 30+ years of experience) as the new Chief Financial Officer and Ms. Jahnavi Mehta as Company Secretary & Compliance Officer, both effective immediately. It also appointed M/s Kiran Doshi & Co. as the Secretarial Auditor for five years (FY26–FY30) and SHBA & Co LLP as the Internal Auditor for FY26. Separately, the company approved 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 Rs. 1.99 crore paid in cash. Aart Integrated, operating in the same cleanroom and HVAC space, reported revenue of Rs. 12.58 crore and a profit of Rs. 10.05 lakh in FY24. The deal is expected to close by September 30, 2025, after which Aart will become an associate company of Fabtech.
The new CFO and CS appointments strengthen the company's leadership bench as it scales post-listing. The 28% strategic investment in a same-industry player is small in size (under Rs. 4 crore) but gives Fabtech a foothold in complementary cleanroom and HVAC projects; minimal immediate impact on stock price expected, though synergy potential is worth tracking.