Corporate News 11-Aug-17
Pennar Industries to sell its stake in subsidiary Pennar Renewables
To Greenko Solar Energy
Pennar Industries has agreed to enter into an agreement to sell its stake in its subsidiary Pennar Renewables to Greenko Solar Energy. Once the sale of transaction completes, debt of the company reduces by around Rs. 101 crore from its consolidated Balance Sheet. The proceeds from the sale of transaction will be used by the company to expand its product base and addressable markets.
Previous News
Pennar Industries consolidated net profit rises 19.03% in the December 2023 quarter
( Results - Announcements 10-Feb-24 07:39 )
Pennar Industries consolidated net profit declines 78.16% in the December 2020 quarter
( Results - Announcements 13-Feb-21 11:33 )
Pennar Industries consolidated net profit rises 41.11% in the March 2023 quarter
( Results - Announcements 25-May-23 07:34 )
Pennar Group secures orders worth Rs 571 cr
( Corporate News - 13-Jul-21 18:17 )
Pennar Industries announces board meeting date
( Corporate News - 04-Aug-21 18:09 )
Pennar Industries AGM scheduled
( Corporate News - 13-Aug-20 14:37 )
Pennar Inds spurts after bagging order worth Rs 669 cr
( Hot Pursuit - 16-Nov-23 13:01 )
Pennar Industries wins orders worth Rs 498 cr
( Corporate News - 20-Apr-22 09:35 )
Pennar Industries jumps after winning orders
( Hot Pursuit - 19-Feb-18 15:05 )
Pennar Industries and its subsidiaries secure new orders
( Corporate News - 13-Jun-17 11:35 )
Pennar Industries gains after winning orders
( Hot Pursuit - 13-Jun-17 11:07 )
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