Announced Wed, 19 Aug · 15:33 IST
Fabtech UAE unit bags AED 9.92M flavour manufacturing project
FABTECH · price
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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹146.70
prior close
₹147.10
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AI summary
Fabtech Technologies wholly owned UAE subsidiary FTS Cleanrooms Systems LLC has secured an AED 9.92 million (about Rs 24.6 crore) turnkey project from Aroma King, a UAE flavour manufacturer. The six month fast track project covers modular cleanrooms, cold rooms, specialised flooring, HVAC and electrical works, expanding Fabtech critical infrastructure platform into flavour manufacturing.
Likely market impact
Adds about Rs 24.6 crore to order book; diversifies into flavour manufacturing and reinforces UAE growth.