Fabtech Technologies bags Rs 31.23 Cr export order from Botswana Vaccine Institute

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FABTECH · price

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+8.4%1-day move

₹146.20

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₹153.00

base price

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AI summary

Fabtech Technologies has secured a turnkey international order worth approximately Rs 31.23 Crores (USD 3.3 million) from Botswana Vaccine Institute Limited for design, supply, installation, testing, and commissioning of HVAC and Clean Room systems for a blending and filling project. The order is denominated in USD and is to be executed within 14 months. No promoter or group company interest exists in the awarding entity, and it is not a related party transaction.

Likely market impact

Strengthens international order book and provides revenue visibility; no related party concerns. Impact size on stock depends on Fabtech's total revenue base.