Fabtech Technologies Limited's board of directors has approved the carry forward of unutilized IPO proceeds from the current financial year to the next, ensuring continued compliance with regulatory requirements and prospectus commitments.

Board Meeting Outcomes

The board meeting held on March 24, 2026, concluded at 12:45 p.m. with key decisions regarding the company's IPO fund utilization strategy. The primary resolution involved approving the carry forward of IPO proceeds allocated for utilization in Financial Year 2025-26 to the subsequent Financial Year 2026-27.

IPO Proceeds Utilization Framework

The unutilized funds are intended to be applied for the objects as stated in the prospectus and in compliance with applicable SEBI regulations. This decision ensures that the company maintains flexibility in fund deployment while adhering to the original investment plan outlined during the public offering.

The board has confirmed that there has been no deviation in the utilization of IPO proceeds from the objects stated in the prospectus dated October 02, 2025. This confirmation aligns with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to transparent fund management.

Regulatory Compliance

The intimation was filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, ensuring proper disclosure to stock exchanges. The communication was addressed to both the National Stock Exchange of India Limited and BSE Limited, maintaining transparency with all stakeholders.

Corporate Governance

The board resolution was signed by Hemant Mohan Anavkar, Executive Director with DIN: 00150776, on March 24, 2026. The digital signature timestamp shows 12:59:54 +05'30', confirming the authenticity and timing of the regulatory filing.

This strategic decision reflects the company's prudent approach to capital allocation, ensuring that IPO proceeds are utilized effectively while maintaining full compliance with regulatory frameworks and original prospectus commitments.

Fabtech technologies has responded to clarification requests from stock exchanges regarding recent movements in its share price. The company addressed queries from both the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Company's Official Response

In its official communication dated March 11, 2026, the company categorically stated that there is no pending information or announcement that could be considered price sensitive and might have led to significant movement in share price behavior. The management emphasized that the observed price movements are purely market driven.

Regulatory Compliance Assurance

Executive Director Hemant Mohan Anavkar, holding DIN 00150776, signed the response on behalf of the company. The communication reaffirmed the company's commitment to maintaining transparency with stock exchanges and ensuring timely disclosure of all material information.

The company assured that it continues to inform stock exchanges of all information and announcements required to be disclosed under applicable regulations, as and when required. This response demonstrates the company's adherence to regulatory compliance and transparency standards.

Exchange Communication Details

The clarification was submitted to both major stock exchanges where the company's shares are listed. The response addressed specific queries raised under the provisions of Regulation 30, which mandates companies to disclose material events and information that could impact share prices.

The company requested both exchanges to take the clarification on record, completing the regulatory requirement for responding to price movement queries.