Fabtech Cleanrooms allots 3.8 lakh warrants at ₹394 each

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Fabtech Cleanrooms allotted 3,80,711 warrants at ₹394 each
  • Total issue size is ₹15 crore with ₹3.75 crore received upfront
  • Amer Aasif Khan received the largest allocation of 2,29,916 warrants
  • Warrants convert to equity shares of ₹10 face value each
  • Shareholders approved the issue via special resolution in August
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Fabtech Technologies Cleanrooms Limited has allotted 3,80,711 warrants on a preferential basis at ₹394 each. The Securities Allotment Committee approved the issuance on September 4, 2026.

The company received an aggregate subscription amount of ₹3,75,00,033.50 from proposed allottees. This sum represents the mandatory 25% upfront payment required under SEBI ICDR Regulations for the total issue size of ₹15,00,00,134.

Allotment Details

The warrants are convertible into fully paid-up equity shares with a face value of ₹10 each. The allotment does not immediately increase the paid-up equity share capital. Capital enhancement will occur only upon the conversion or exercise of these warrants.

The Board of Directors initially approved the issue on July 20, 2026. Shareholders subsequently ratified the proposal via a special resolution at an Extra Ordinary General Meeting held on August 17, 2026. BSE Limited granted in-principle approval on August 25, 2026.

Proposed Allottees

Four entities accepted the maximum number of warrants offered to them. Amer Aasif Khan received the largest allocation, accounting for more than 60% of the total warrants issued.

Name Warrants Allotted Subscription Amount Total Value
Amer Aasif Khan 2,29,916 ₹2,26,46,726.00 ₹9,05,86,904
Hemant Mohan Anavkar 47,239 ₹46,53,041.50 ₹1,86,12,166.00
Manisha Hemant Anavkar 47,239 ₹46,53,041.50 ₹1,86,12,166.00
Aarif Ahsan Khan 56,317 ₹55,47,224.50 ₹2,21,88,898.00
Total 3,80,711 ₹3,75,00,033.50 ₹15,00,00,134.00

What the Numbers Show

The concentration of allotment is significant. Amer Aasif Khan holds 2,29,916 warrants, which constitutes approximately 60.4% of the total 3,80,711 warrants issued. This indicates a high degree of promoter or related-party interest in the capital raise, as the remaining three allottees collectively hold less than 40% of the instruments.

Historical Stock Returns for Fabtech Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+8.83%+10.85%+67.42%-2.82%0.0%

How will the potential dilution from the conversion of these warrants impact existing shareholders' equity and earnings per share?

What specific strategic initiatives or capital expenditures is Fabtech Technologies planning to fund with the ₹15 crore raised through this warrant issuance?

Given Amer Aasif Khan's 60.4% stake in the warrants, what are the implications for corporate governance and voting control if these instruments are exercised?

Fabtech Cleanrooms approves FY26 directors' report, sets AGM date

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Fabtech Cleanrooms approved its draft directors' report for FY26
  • The 11th AGM is scheduled for September 28, 2026
  • E-voting will run from September 24 to September 27, 2026
  • The cut-off date for voting eligibility is September 21, 2026
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Fabtech Technologies Cleanrooms Limited has approved its draft directors' report for the financial year ended March 31, 2026. The company also announced the convening of its 11th Annual General Meeting on September 28, 2026.

The Board of Directors held its meeting on September 2, 2026, commencing at 5:06 pm and concluding at 8:00 pm. During the session, the board finalized the dates for e-voting to enable members to cast their votes electronically.

Meeting Outcomes

The key decisions taken by the board include:

  • Approval of the draft directors' report along with its annexures for FY26.
  • Scheduling the 11th AGM via Video Conferencing or Other Audio Visual Means.
  • Finalizing the e-voting window and cut-off date for shareholders.

E-Voting Schedule

Shareholders can participate in the voting process electronically within the specified timeframe. The details are as follows:

Particulars Details
E-Voting Start Date Thursday, September 24, 2026, 9:00 am
E-Voting End Date Sunday, September 27, 2026, 5:00 pm
Cut-off Date September 21, 2026

The notice for the AGM will be circulated to stock exchanges and members through electronic mode. It will also be available on the company's website in due course.

Historical Stock Returns for Fabtech Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+8.83%+10.85%+67.42%-2.82%0.0%

What specific financial performance metrics or strategic initiatives are highlighted in the approved draft directors' report for FY26?

How might the decision to hold the AGM via Video Conferencing impact shareholder participation rates and engagement compared to previous in-person meetings?

Are there any proposed dividend payouts or capital allocation strategies expected to be voted on during the upcoming AGM?

More News on Fabtech Technologies

1 Year Returns:-2.82%