BSECompany Update6d ago · 28 Jul 2026, 03:29 pm

Please find attached Monitoring Agency Report for quarter ended June 30, 2026

Fabtech Technologies Ltd · 544558

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Fabtech Technologies Ltd has received a Monitoring Agency Report from CRISIL Ratings Limited for the quarter ended June 30, 2026, regarding the utilization of proceeds of its Initial Public Offer (IPO). The report confirms that the utilization of proceeds is in line with the objects of the issue.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10

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Fabtech Technologies Ltd - 544558 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

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Date: July 28, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Listing Compliance Department Bandra Kurla Complex, Floor 25, P J Towers, Bandra (East), Mumbai – 400051 Dalal Street, Mumbai – 400001 Maharashtra, India. Maharashtra, India. Symbol: FABTECH Scrip Code: 544558 Dear Sir/ Madam, Subject: Monitoring Agency Report for the quarter ended on June 30, 2026. Pursuant to Regulation 32(6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with Regulation 41(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, please find enclosed herewith the Monitoring Agency Report issued by CRISIL Ratings Limited, Monitoring Agency, for the quarter ended on June 30, 2026 in respect of utilization of proceeds of the Initial Public Offer (IPO) of the Company. The same is also available on the website of the Company at www.fabtechnologies.com We request you to kindly take the same on record. Thank you, Yours faithfully, For Fabtech Technologies Limited Hemant Mohan Anavkar Executive Director DIN: 00150776 Encl: As mentioned above Monitoring Agency Report Fabtech Technologies Limited for the quarter ended June 30, 2026 CRL/MAR/GLVEPL/2026-27/1929 July 28, 2026 Fabtech Technologies Limited 715, Janki Centre, Off. Veera Desai Road, Andheri West, Mumbai - 400 053, Maharashtra, India Dear Sir/Ma’am, Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”) of Fabtech Technologies Limited (“the Company”) Pursuant to Regulation 41 (2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) and Monitoring Agency Agreement dated September 11, 2025, enclosed herewith the Monitoring Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR Regulations towards utilization of proceeds of IPO for the quarter ended June 30, 2026. Request you to kindly take the same on records. Thanking you, For and on behalf of Crisil Ratings Limited Shounak Chakravarty Director, Ratings (LCG) Report of the Monitoring Agency (MA) Name of the issuer: Fabtech Technologies Limited For quarter ended: June 30, 2026 Name of the Monitoring Agency: Crisil Ratings Limited (a) Deviation from the objects: Not applicable (b) Range of Deviation: Not applicable Declaration: We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may receive separate compensation for its ratings and certain credit-related analyses. We confirm that we do not perceive any conflict of interest in such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board. Signature: Name and designation of the Authorized Signatory: Shounak Chakravarty Designation of Authorized person/Signing Authority: Director, Ratings (LCG) 1) Issuer Details: Name of the issuer: Fabtech Technologies Limited Names of the promoter: Mr. Aarif Ahsan Khan Mr. Hemant Mohan Anavkar Mr. Aasif Ahsan Khan Mrs. Manisha Hemant Anavkar Industry/sector to which it belongs: Pharmaceutical Engineering Company 2) Issue Details Issue Period: September 29, 2025, to October 01, 2025 Type of issue (public/rights): Initial Public Offer (IPO) Type of specified securities: Equity Shares IPO Grading, if any: NA Issue size: Rs 23,029.65 lakhs* *Note: Particulars Amount (Rs in lakhs) Gross proceeds 23,029.65 # Less: Issue Expenses 2,277.63 Net Proceeds 20,752.02 #Crisil Ratings shall be monitoring the gross proceeds. 3) Details of the arrangement made to ensure the monitoring of issue proceeds: Source of information/ Comments certifications Comments of the of the Particulars Reply considered by Monitoring Agency Board of Monitoring Agency for Directors preparation of report Management undertaking, Statutory Auditor certificate^, Proceeds were utilized Whether all utilization is as per Prospectus dated towards working capital No the disclosures in the Offer Yes 02/10/2025 requirements and general comments Document? (“hereinafter referred as corporate purposes “Offer document”), Bank Statements Whether shareholder approval has been obtained in case of material deviations from NA No comments comments expenditures disclosed in the Offer Document? Whether the means of finance for the disclosed objects of the issue No No comments comments has changed? Is there any major deviation observed over the earlier No No comments comments monitoring agency reports? Whether all Government/ statutory approvals related to NA No comments Management comments the object(s) have been obtained? undertaking, Statutory Whether all arrangements Auditor certificate^ pertaining to technical No NA No comments assistance/collaboration are in comments operation? Are there any favorable events improving the viability of these No No comments comments object(s)? Are there any unfavorable events affecting the viability of the No No comments comments object(s)? Is there any other relevant information that may materially No No No comments affect the decision making of the comments investors? NA represents Not Applicable ^Certificate dated July 20, 2026, issued by M/s Ajmera and Ajmera Chartered Accountants (Firm Registration Number: 018796C), Statutory auditors of the Company. 4) Details of object(s) to be monitored: i. Cost of the object(s): Original Source of Comments of the Board of Directors cost information/ (as per the Revise Comment Sr. certification Particulars Offer d Cost of the No Item considered Reason of Proposed of firm Documen (Rs in Monitoring . Head by MA for Cost financing arrangeme t) lakhs) Agency preparation revision option nts (Rs in of report made lakhs) Funding working No No No 1 capital requirements 12,700.00 NA No revision comments comments comments of the Company Pursuing inorganic No No No 2 growth initiatives Management 3,000.00 NA No revision comments comments comments through acquisitions undertaking, Statutory Auditor certificate^, General Corporate Offer No No No 3 5,052.02 NA No revision Purposes# document comments comments comments - Sub-total 20,752.02 - - - - - No No No 4 Issue expenses 2,277.63 NA No revision comments comments comments - Total - 23,029.65 - - - - - #The amount utilised for general corporate purposes does not exceed 25% of the Gross Proceed [Showing first 8,000 characters — download PDF for full document]