About
Basic Data Updated:
11 days agoPennar Industries Limited, formerly known as Pennar Steels Limited, is a company that is known for its manufacturing of engineering products. These products include cold-rolled strips, tubes, railway wagons/coaches, pre-engineered building systems, solar module mounting structures and photovoltaic panels, sheet metal components, and road safety systems, among others. According to its credit rating report, the company has a strong presence in various sectors such as infrastructure, automobiles, power, general engineering, building and construction, refineries, white goods, railways, and solar. With an annual production capacity of over 3,50,000 MTPA, PIL is dedicated to providing value-added engineered products. The company's business is divided into four major verticals, namely Steel Prod... Read More
Industry
Company Details
- Location
K.V.Rangareddy, Telangana, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Pennar Industries Limited
Heat Exchanger Parts
Road Barriers
Networking Solutions
Cladding Sheets & Panels
Financials of Pennar Industries Limited
Pennar Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.22% increase. The company also saw a substantial improvement in profitability, with a 3738.2% increase in profit. The company's net worth moved up by a moderate rise of 4.71%.
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Corporate Structure
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People in Pennar Industries Limited
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Executive Team (3)
AR
Aditya Rao
Managing DirectorAppointment Date: 30-Jan-2008
Status: Current
SB
Shrikant Bhakkad CFOAppointment Date: 25-May-2023
Status: Current
MB
Mohammed Baig Company SecretaryAppointment Date: 06-Dec-2013
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 26 Mar 2024 | ₹1.41 Cr | Open |
Others Creation Date: 16 Feb 2024 | ₹40.00 Cr | Open |
Others Creation Date: 12 Dec 2023 | ₹77.35 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pennar Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pennar Industries's trajectory.
Rating
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Alert
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Recent activity within the organization
Charges
A charge with Indian Bank amounted to Rs. 1.41 cr with Charge ID 100897908 was registered on 26 Mar 2024.
26 Mar 2024Charges
A charge registered on 19 Mar 2021 via Charge ID 100429224 with Hdfc Bank Limited was fully satisfied on 21 Mar 2024.
21 Mar 2024Charges
A charge registered on 15 Jun 2017 via Charge ID 100112418 with Hdfc Bank Limited was fully satisfied on 21 Mar 2024.
21 Mar 2024Director Appointment
Parthasarathy Vankipuram Srinivasa was appointed as a Additional Director was appointed as a Additional Director on 08 Mar 2024 & has been associated with this company since 1 month 25 days .
08 Mar 2024Charges
A charge with Others amounted to Rs. 40.00 cr with Charge ID 100865996 was registered on 16 Feb 2024.
16 Feb 2024
Recent News, Updates & Announcement
Pennar Industries arm to offer engineering services in US The Hindu BusinessLine .Business Line 17 Oct 2017
- Pennar Industries bags orders worth Rs 238 crores 4Traders.
4-Traders 05 Oct 2017
- Pennar Industries Ltd to Sell Stake in Subsidiary to Greenko Solar Reducing Debt and Expanding Product Base.
Pennar Industries Ltd a Hyderabadbased engineering company is selling a stake in its subsidiary to Greenko Solar Energy Pvt Ltd This will reduce their debt by Rs101 crore and allow them to expand their product base Greenko has been actively acquiring renewable energy assets including those of Bhoruka Power Corp Ltd and SunEdison Other financial investors are also looking to sell their renewable energy platforms in India.
mint 15 Aug 2017
- Pennar Industries Outcome of board meeting.
Pennar Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 28 2017 has passed a resolution with respect to voluntary delisting of the Company from Ms Metropolitan Stock Exchange of India Limited MSE.
Moneycontrol 28 Feb 2017
- Pennar Industries Outcome of board meeting.
Pennar Industries has informed about Outcome of Board Meeting held on February 09 2017.
Moneycontrol 09 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Pennar Industries Limited?
