Fabtech Technologies Completes ₹46.51 Crore Acquisition to Increase Kelvin Air Conditioning Stake to 60.53%
Published on: Jan. 19, 2026, 7:45 p.m. | Source: scanx.trade
Fabtech Technologies Cleanrooms Limited completed acquisition of 9.20% additional stake in Kelvin Air Conditioning and Ventilation Systems Private Limited for ₹4.65 crores, increasing total shareholding to 60.53%. Kelvin, incorporated in 2007, operates in HVAC business with revenue of ₹434.43 crores in FY2025 and consistent growth trajectory. The strategic cash-based acquisition aims to strengthen partnership and accelerate expansion in high-potential markets.
