Pennar Industries Limited conducted its 50th Annual General Meeting on September 24, 2026. Shareholders transacted ordinary business including adoption of audited financial statements and director re-appointment.
Pennar Industries Limited has released its Annual Report for the financial year 2025-26. The company reported record total income of ₹3,666.32 crore and EBITDA of ₹401.32 crore.
Pennar Industries Limited has issued a notice for its 50th Annual General Meeting scheduled for September 24, 2026. The meeting will be held via video conferencing.
Pennar Industries Limited has issued a notice for its Annual General Meeting scheduled for September 24, 2026. Key agenda items include adopting financial statements and re-appointing a director.
Pennar Industries approved providing an additional Corporate Guarantee of Rs.34 crore for its joint venture, ZAP91 Solar India. The guarantee supports NCDs issued to CTL Trusteeship.
Pennar delivered moderate 3.6% revenue growth but 16% PBT growth, driven by a structural shift toward high-margin PEB and engineering services over legacy steel businesses.
Pennar Industries reported steady growth in Q1FY27 with total income at ₹884.55 Cr, up 3.58% YoY. Strategy focuses on high-margin engineering solutions and global market expansion.
Pennar Industries reported consolidated Q1FY27 financial results and highlighted orders worth INR 944 Crore received across business verticals in the last three months.
Pennar Industries allotted 5,50,000 equity shares upon warrant conversion, receiving Rs. 6.93 Crore. This issuance increases the company's total paid-up capital to Rs. 67.75 Crore.
Pennar Industries received in-principle approval from NSE and BSE for issuing 30,00,000 convertible warrants to promoters on a preferential basis. This is a key step toward raising capital from the promoter group.
Pennar Industries delivered record FY26 performance with highest-ever revenue and profitability, driven by a strategic shift towards high-margin segments like PEB U.S. and Engineering Services.
Pennar delivered record FY26 revenue and PAT, driven by strong growth in US PEB and engineering services. Management is pivoting towards higher-margin segments despite working capital and debt pressure.
Pennar Industries delivered strong FY26 performance with total income of ₹3,666.3 crore, up 12.35% YoY. Strategic focus remains on high-margin engineering products and expanding international revenue share.
Pennar Industries will invest ₹5.80 Crore in its solar joint venture, ZAP91 Solar India. The capital funds manufacturing plant completion and commercial production commencement.
Pennar Industries re-appointed R Krishna & Associates as internal auditors and Kandikonda & Associates as cost auditors. Both appointments are effective April 2026 for twelve months.
Pennar Industries reported FY26 consolidated total income of ₹3,666.32 crore, up 12.35%. Net profit grew 16.22% to ₹138.83 crore, reflecting strong operational growth across business verticals.
Pennar Industries reported a FY26 consolidated net profit of ₹138.83 Crore, marking a 16.22% annual increase. Total income reached ₹3,666.32 Crore as the company secured new orders worth ₹902.26 Crore.
Pennar Industries Limited scheduled a board meeting for May 26, 2026, to approve audited yearly financial results. Trading window remains closed until May 28, 2026.
Pennar Industries concluded its EGM, approving convertible warrant issuance to promoters and director re-appointment. The meeting successfully transacted all special business via remote e-voting.
Pennar Industries Limited issued a corrigendum to its EGM notice scheduled for May 8, 2026. The update revises the pre- and post-issue shareholding patterns and clarifies lock-in period terms for the proposed preferential allotment of convertible warrants to Pennar Holdings Private Limited. The meeting will be held via video conferencing.
Pennar Industries Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, issued by Practising Company Secretary Subhash Kishan Kandrapu, confirms the company's compliance with SEBI regulations and circulars, reporting no significant deviations or non-compliances during the review period.
Pennar Industries Limited has scheduled an Extra-ordinary General Meeting for May 8, 2026. Key agenda items include a special resolution for the preferential issuance of convertible equity warrants to promoter entity Pennar Holdings Private Limited and the re-appointment of Mr. RVS Ramakrishna as an Independent Director for a second five-year term.
Pennar Industries Limited has called an EGM on May 8, 2026, to approve a ₹50.40 Crore preferential issuance of 30 lakh convertible warrants to promoter entity Pennar Holdings Private Limited. The meeting will also consider the re-appointment of Mr. RVS Ramakrishna as an Independent Director for a second five-year term.
Pennar Industries Limited will hold an Extra-Ordinary General Meeting on May 8, 2026, via video conferencing. Remote e-voting is scheduled from May 5 to May 7, 2026, with a cut-off date of April 30, 2026. The company is utilizing KFin Technologies Limited for its e-voting services.
Pennar Industries Limited announced a leadership change involving the re-appointment of Mr. Ravi Venkata Siva Ramakrishna as an Independent Director for a five-year term starting June 2026. Concurrently, Mr. Potluri Venkateswara Rao resigned as a Non-Executive Director effective April 11, 2026. These changes reflect routine board-level transitions.
Mr. P V Rao has resigned as a Non-Executive Non-Independent Director of Pennar Industries Limited, effective April 11, 2026. The resignation is due to unavoidable personal circumstances, with no other material reasons reported. Mr. Rao previously served as Joint Managing Director until early 2021.
Pennar Industries' board approved a ₹50.4 Crore preferential warrant issue to promoter Pennar Holdings Private Limited. The board also re-appointed Mr. RVS Ramakrishna as an Independent Director and noted the resignation of director Mr. P V Rao. An Extraordinary General Meeting is scheduled for May 8, 2026, to seek shareholder approval.