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
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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.