Fabtech Technologies Cleanrooms Ltd has withdrawn its proposed preferential issue of 1,24,440 fully paid-up equity shares to non-promoters due to prevailing market conditions marked by uncertainty and volatility. The company stated that the withdrawal will not have any material impact on its business operations or financial stability. The decision follows the receipt of in-principle approval from BSE Limited, which required the allotment to be completed within 15 days.

The Board of Directors of Fabtech Technologies Cleanrooms Ltd had approved the proposal on February 12, 2026. Subsequently, the shareholders approved the issue at an Extraordinary General Meeting held on March 14, 2026. The company had submitted an application for in-principle approval to BSE Limited on February 20, 2026, and received the approval vide a letter dated June 3, 2026, under Regulation 28(1) of the SEBI LODR Regulations.

Key Timeline of the Proposed Issue

The following table outlines the key events related to the now-withdrawn preferential issue:

Regulatory Context and Future Plans

The proposed issue was intended to be conducted in accordance with the provisions specified under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. Under the SEBI ICDR Regulations, the company was required to complete the allotment of securities within 15 days from the date of receipt of the in-principle approval. The company has assured stakeholders that it may explore alternative avenues for capital raising in the future and will keep them informed of any such developments.

Fabtech Technologies Cleanrooms Ltd secured consolidated orders worth ₹153.05 crore in May 2026, strengthening its presence across high-growth sectors such as Renewable Energy and Pharmaceuticals. The order intake was led by the Renewable Energy sector, which accounted for ₹67.48 crore, followed by the Pharma sector at ₹61.17 crore. Data Centres contributed ₹22.65 crore, while other sectors accounted for ₹1.75 crore.

From a business vertical perspective, Cleanroom Partitions contributed ₹112.40 crore to the total orders, while HVAC Systems accounted for ₹40.65 crore. The company continues to execute strategic growth initiatives to diversify its capabilities in delivering integrated cleanroom and HVAC solutions for complex manufacturing environments.

As of 31 May 2026, the consolidated order book of Fabtech Technologies Cleanrooms Ltd stands at ₹354.74 crore. The Renewable Energy sector comprises the largest portion of the order book at ₹184.42 crore, followed by Pharma at ₹135.18 crore. Data Centres account for ₹27.17 crore, Semiconductors for ₹0.50 crore, and Others for ₹7.47 crore.

Orders under active consideration total ₹541.16 crore, indicating significant potential for future growth. Major opportunities under review include Data Centres at ₹250.00 crore, Renewable Energy at ₹144.85 crore, and Pharma at ₹139.82 crore. The remaining ₹6.49 crore is attributed to other sectors, which include Commercial, FMCG, and miscellaneous industries.

Order Book Summary (₹ Crore)