Fabtech Cleanrooms Limited held its 11th Annual General Meeting on September 28, 2026, approving audited financial statements for FY26 and key related party transactions.

The meeting was conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM) in compliance with the Companies Act, 2013. Mr. Shyam Nagorao Khante presided over the session after being elected by the members present, as the designated Chairman was unable to attend.

Resolutions passed

Members adopted the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. The Board of Directors' report and Statutory Auditors' report were also considered and approved.

Mr. Amjad Adam Arbani, who retired by rotation, was re-appointed as a Director of the company via an ordinary resolution.

Related party approvals

The shareholders approved material related party transactions with three entities:

• Fabtech Technologies Limited
• Kelvin Air Conditioning and Ventilation Systems Private Limited
• Aart Integrated Projects Private Limited

Additionally, a special resolution was passed to ratify the detailed PCA Certificate regarding the company's name change, which had previously been approved by the BSE.

Voting details

Remote e-voting commenced on September 24, 2026, and concluded on September 27, 2026. The cut-off date for determining voting eligibility was September 21, 2026. Voting results will be submitted to the stock exchanges and displayed on the company's website and NSDL portal.

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.