Fabtech Technologies Cleanrooms rallied 9.43% to Rs 331.15 after the company's board approved the incorporation of a foreign wholly- owned subsidiary, Fabtech Technologies Cleanrooms-FZE in United Arab Emirates (UAE).
The subsidiary company will focus on the manufacturing partitions for supply to Fabtech Technologies and Fabtech Technologies Cleanrooms India, catering to Indian clients under the UAEIndia trade deal.The company will subscribe to the entire share capital of Fabtech Technologies Cleanrooms-FZE, amounting to AED 100,000.
Fabtech Technologies Cleanrooms (FTCL) is an India-focused cleanroom infrastructure company, offering in-house manufactured modular partitions, HVAC, and MEP systems for pharma, biotech, semiconductor, and green energy sectors.
The companys consolidated net profit declined 37.83% to Rs 3.32 crore despite of 23.03% increase in revenue from operations to Rs 76.18 crore in H1 FY26 over H1 FY25.
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