Fabtech Technologies Cleanrooms Limited has submitted a statutory auditor certificate to the Bombay Stock Exchange (BSE) confirming the receipt of consideration for its preferential allotment of convertible warrants. The filing, dated September 8, 2026, verifies compliance with SEBI ICDR Regulations regarding the issuance of 3,80,711 warrants to promoter group entities.

The certificate was issued by Ajmera & Ajmera, Chartered Accountants, the company's statutory auditors. It confirms that the issuer is in compliance with Regulation 169(4) of the SEBI ICDR Regulations, 2018, and that relevant documents are maintained as of the certificate date. This submission follows the Securities Allotment Committee's approval on September 4, 2026.

Receipt of Consideration Details

The auditor's report details the receipt of the mandatory upfront subscription amount. The company received an aggregate of ₹3,75,00,035 for the allotment of 3,80,711 warrants at ₹394 each. The funds were received in two tranches:

• ₹10,200,267 received on September 1, 2026
• ₹27,299,768 received on September 2, 2026

The auditors verified these amounts against the company's bank statements for the period from September 1, 2026, to September 2, 2026. They traced the names and amounts appearing in the statement to the bank records, relying on information provided by management.

Promoter Group Acquisition Context

This regulatory update pertains to the preferential allotment previously disclosed under SEBI SAST Regulations. Four promoter group entities accepted the maximum number of warrants offered: Amer Aasif Khan, Hemant Mohan Anavkar, Manisha Hemant Anavkar, and Aarif Ahsan Khan. Amer Aasif Khan received the largest allocation, accounting for more than 60% of the total warrants issued.

Note: The auditor's report cites the total received amount as ₹3,75,00,035, while the earlier SAST disclosure cited ₹3,75,00,033.50 as the aggregate subscription amount representing the 25% upfront payment.

Capital Structure Impact

The warrants are convertible into fully paid-up equity shares with a face value of ₹10 each. Each warrant converts into one equity share at a conversion price of ₹394. The tenure for exercising the conversion option is 18 months from the date of allotment. The warrants do not carry voting rights until conversion.

Before this acquisition, the promoter group held 84,37,450 shares, constituting 68.49% of the total share capital. After the acquisition, assuming full conversion of all 3,80,711 warrants, the total diluted shareholding of the promoter group stands at 69.43%.

Regulatory Approvals

The Board of Directors initially approved the issue on July 20, 2026. Shareholders 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.

Fabtech Technologies Cleanrooms Limited has approved its draft directors' report for the financial year ended March 31, 2026, reporting significant growth in its first full year as a listed entity. 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.

Financial Performance

Consolidated total revenue reached ₹2,217.2 crore, crossing the ₹2,000 crore milestone, while consolidated Profit After Tax (PAT) increased 18.95% to ₹158.2 crore. The standalone operational income grew 1.92% to ₹1,418.6 crore, though standalone PAT declined 24.78% to ₹90.6 crore due to higher selling, marketing, and employee costs.

What the Numbers Show

The divergence between standalone and consolidated results highlights the impact of recent acquisitions. While standalone profitability contracted due to increased operating expenses, consolidated margins expanded significantly. This suggests that acquired entities, particularly Kelvin Air Conditioning and Ventilation Systems Private Limited, contributed disproportionately to top-line growth and overall profitability in FY26.

Strategic Developments

The company’s order position more than tripled from ₹42 crore as of March 31, 2025, to ₹1,409.0 crore as of March 31, 2026. Management noted a strategic expansion beyond traditional pharmaceutical cleanrooms into high-growth sectors such as renewable energy, data centres, and semiconductors.

Key corporate actions during the year included:

• Acquisition of additional stake in Kelvin Air Conditioning, making it a subsidiary.
• Acquisition of 28% stake in Aart Integrated Projects Private Limited.
• Incorporation of a wholly-owned subsidiary in the UAE.
• Change of name from Fabtech Technologies Cleanrooms Limited to Fabtech Cleanrooms Limited.

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:

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.