Fabtech Technologies Cleanrooms Ltd — Board Meeting, 05-05-2025: Board Meeting
05-05-2025 | 05:50 pm
05-05-2025 | 05:50 pm
Fabtech Technologies Cleanrooms Limited has announced a board meeting on which it approved the formulation of an Employee Stock Option Scheme 2025 to grant up to 3,69,580 stock options to eligible employees and subsidiaries, subject to shareholder approval. The Board declared a first interim dividend of ₹2 per share (face value ₹10). Additionally, the company will incorporate an associate, Fabtech Fortline Private Limited, with 49% equity held by Fabtech. This associate will focus on manufacturing cleanroom doors and equipment for the pharmaceutical industry. The initial paid-up capital for the associate is ₹2 Cr, with Fabtech subscribing ₹98 lakh in cash.
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