Fabtech Technologies Limited has published the postal ballot notice in newspapers dated May 30, 2026, informing shareholders about the remote e-voting process for the appointment of two Non-Executive Independent Directors. The publication was made in the Financial Express (English) and Loksatta (Marathi) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company seeks approval for the regularisation of the appointments of Ms. Rupal Dhiren Haria and Ms. Bharti Khanna.

The remote e-voting facility is scheduled to be open from Monday, June 01, 2026, to Tuesday, June 30, 2026. Shareholders whose names appear in the register of members as of Friday, May 22, 2026, are eligible to participate. The company has engaged National Securities Depository Limited (NSDL) to facilitate the e-voting process. Ms. Rupal Dhiren Haria was initially appointed as an Additional Director via a circular resolution on March 27, 2026, while Ms. Bharti Khanna was appointed during the board meeting on May 25, 2026.

Ms. Rachana Shanbhag, Partner at M/s. D.A Kamat & Co., Company Secretaries, has been appointed as the Scrutinizer to ensure the e-voting process is conducted fairly. The resolutions require approval as a Special Resolution. The results of the postal ballot will be declared within the stipulated timelines and communicated to the stock exchanges.

Key E-Voting Dates

Proposed Director Appointments

Fabtech Technologies Limited delivered robust financial performance in FY26, achieving total income growth of 28.4% year-on-year to ₹431.33 crore despite challenging global macroeconomic conditions. The company's EBITDA increased by 18.29% to ₹55.56 crore, demonstrating resilience in execution capabilities across its international operations spanning over 60 major geographies.

Strong Financial Performance and Balance Sheet Transformation

The company's financial metrics showed substantial improvement across key parameters during FY26:

A strategic equity infusion of approximately ₹230 crore fundamentally strengthened the company's balance sheet, positioning it for future expansion. The company achieved cash flow positive status, turning from negative ₹36 crore to positive ₹50 lakh, while reducing current borrowings from ₹54 crore to ₹42 crore.

Geographic Revenue Distribution and Market Expansion

The company's global business operations showed strong performance across key markets, with UAE emerging as the largest contributor:

The company's expansion strategy focuses on GCC localization through subsidiaries and joint ventures, including 100% subsidiaries in UAE and Saudi Arabia, 33.33% stake in Mark Maker for process equipment, and strategic partnerships across pharmaceutical emerging markets.

Q4 FY26 Performance Highlights

The fourth quarter demonstrated particularly strong execution with total income reaching ₹168.24 crore, representing 22% year-on-year growth. Quarterly net profit rebounded to ₹22.06 crore, reflecting improved operational strength and providing momentum entering the new fiscal year.

Order Book and Project Pipeline

Fabtech Technologies maintains a robust order book exceeding ₹900 crore, providing revenue visibility for 18-24 months. The company has successfully increased project ticket sizes from earlier $30-40 million to current orders worth $70 million, focusing on end-to-end turnkey solutions.

Recent project wins include:

Strategic Outlook and Growth Projections

Management projects approximately 25% growth for the upcoming period, alongside PAT margin improvement towards 9.9% to 10.5% range. The company's hot lead pipeline includes close to $200 million in active proposals across pharmaceutical, healthcare, and biotech sectors.

The expansion into animal health segments, medical devices, and veterinary vaccines has opened new revenue streams, while the company's integrated design-build model continues to provide competitive advantages in regulatory compliance across WHO, EU-GMP, USFDA, and UKMHRA guidelines.

Operational Challenges and Mitigation

Despite strong revenue growth, the company faced margin pressures due to global supply chain disruptions, with raw material costs increasing by approximately 33% and execution costs rising by 43% due to remobilization requirements amid geopolitical tensions. However, the company's localized presence and variation clauses in contracts helped mitigate these impacts while maintaining client commitments.