Fabtech Technologies Merger & Restructuring Worth ₹13.99 Cr
Fabtech Technologies Limited is selling its subsidiary, TSA Process Equipments Private Limited, to Thermax Limited for Rs. 13.99 Crore.
- Value
- ₹13.99 Cr
- From
- Thermax Limited
ALFA Filings
Every announcement, straight from the exchange
Every Fabtech Technologies merger & restructuring announcement on NSE and BSE, newest first, each with its own page.
Time
4 announcements
Fabtech Technologies Limited is selling its subsidiary, TSA Process Equipments Private Limited, to Thermax Limited for Rs. 13.99 Crore.
Fabtech Technologies Limited is incorporating a new step-down subsidiary in Egypt through its subsidiary Fabtech Technologies LLC. The entity will focus on turnkey pharma projects and HVAC activities.
Fabtech Technologies is incorporating a new joint venture, Specialized Contracting Activities LLC, in Saudi Arabia. Its subsidiary will hold a 51% majority stake in the entity.
Fabtech Technologies Limited's board has approved the incorporation of a new step-down subsidiary in the Sultanate of Oman. The entity will focus on Turnkey Pharma Projects, including HVAC and machinery. While the consideration amount is yet to be finalized, the company will hold a 100% stake via cash subscription at face value.