Fabtech Technologies Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

FABTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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₹163.00

prior close

₹170.00

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After-mkt

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AI summary

Fabtech Technologies Limited has filed its quarterly statement confirming that IPO funds of Rs. 230.30 crore (raised on October 7, 2025) are being utilized as per the disclosed objects in the prospectus. The company explicitly states there is no deviation or variation in the use of IPO proceeds. The statement was reviewed and noted by the Audit Committee on April 27, 2026. CRISIL Ratings Limited is the monitoring agency appointed for this IPO. Both the Audit Committee and auditors have no comments on the fund utilization.

Likely market impact

This is a routine compliance filing with no adverse findings. The confirmation that IPO proceeds are being used as intended is positive for shareholders, indicating proper deployment of funds as per the stated objects.