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Board approved 56% stake in Fabwood Solutions LLP, to own Fab Wood business, for Rs 42.7 Cr cash including Rs 8.4 Cr infusion. Target FY26 turnover Rs 45.25 Cr. Completion by 8 Oct 2026. Continues serial bolt-on engine in core surface-decor vertical, cash-funded with no dilution; deepens South India presence alongside Bangalore retail and Hyderabad JV, adding timber/doors portfolio. All-cash, non-related party deal needs no approvals. Target sales flat over three years; profitability, valuation multiple and funding source not disclosed; integration and margin mix key to track.
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