Fabtech Technologies Limited (FABTECH) — Announcement

· NSE Neutral

Fabtech Technologies announced that its wholly owned subsidiary signed a shareholders agreement with Mr. Saleh Mousa Eidhah Al-Zahrani and Specialized Contracting Activities LLC to establish a new Saudi-based entity for specialized contracting work. The new company will be incorporated in Saudi Arabia under regulatory approval, with Fabtech Technologies LLC acquiring 51% ownership through full cash subscription at face value. This creates a step-down subsidiary to expand operations in non-pharma contracting sectors.

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About Fabtech Technologies Limited (FABTECH)

Healthcare · Healthcare Equipment & Supplies · Listed on NSE

Market Cap: ₹681.08 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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