Outcome of the Board meeting held on February 12,2026
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Fabtech Technologies Cleanrooms' board, meeting on February 12, 2026, approved three key items. First, it will acquire 38,673 additional equity shares in Advantek Air Systems Pvt Ltd for Rs. 2.55 crore in cash, increasing its stake in the associate company (currently 26.1%) that makes air handling units with FY25 turnover of Rs. 25.65 crore and PAT of Rs. 81.35 lakh; the deal is a related party transaction done at arm's length and is expected to close by March 15, 2026. Second, the company will issue 1,24,440 equity shares on a preferential basis to a single non-promoter investor (Mr. Raveendra Shetty) at Rs. 320 per share (face value Rs. 10), raising up to Rs. 3.98 crore and resulting in a 1.00% post-allotment holding. Third, the board approved convening the first EGM of FY 2025-26, along with the cut-off dates and appointment of a scrutinizer for e-voting.
Shareholders will see marginal equity dilution of about 1% from the preferential issue, partially offset by the cash infusion of nearly Rs. 4 crore. The Advantek acquisition is a related party deal and will deepen the company's existing exposure in air handling units, which is core to its cleanroom business; investors should watch the EGM outcome and final deal completion for further clarity.