Fabtech Technologies Secures USD 7.8M Order in Saudi Arabia
Filing Summary
Fabtech Technologies Ltd has secured an order valued at USD 7,800,000 from a leading company in Saudi Arabia, in partnership with a multi-national firm from Argentina. The contract involves turnkey MEP works, including supply and installation, for a cleanroom infrastructure project adhering to GMP standards. The project is located in Dammam 3rd Industrial City and is part of an animal vaccine initiative. The execution period is set for 11 months from the receipt of advance payment. The order is not a related party transaction.
Fabtech Technologies Ltd has announced the receipt of an order valued at USD 7,800,000 from a leading company in Saudi Arabia. The order is in collaboration with a multi-national company from Argentina. The contract was secured on November 13, 2025, and involves the installation of cleanroom infrastructure, HVAC, MEP, and utilities in accordance with good manufacturing practices (GMP) standards. The project is located in Dammam 3rd Industrial City and is part of an animal vaccine project.
The nature of the order is described as turnkey MEP works, which includes supply and installation activities until handover. The execution timeline for the project is set at 11 months from the date of receipt of advance payment in the contractor’s bank account. The order is classified as international, and the details of the customer remain confidential due to confidentiality obligations.
Fabtech Technologies has confirmed that the order does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. The company has adhered to the requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in disclosing this information.
Fabtech Technologies Ltd specializes in providing engineering and technology solutions across various sectors. The company focuses on delivering turnkey projects and aims to maintain high standards in project execution and client satisfaction. Its strategic initiatives include expanding its international footprint and enhancing its service offerings in the engineering domain.