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Pennar Industries informs about company updates

21 Dec 2016 Evaluate

Pennar Industries has informed that as per the terms and understanding reached with the existing investors of the Company’s subsidiary viz., Pennar Renewables, the final shareholding of Pennar Industries in Pennar Renewables will be 70%. This will be achieved in one or more transactions.

The above information is a part of company’s filings submitted to BSE.

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