Pennar Industries has received an approval to enter into an agreement to sell its stake in its subsidiary Pennar Renewables to Greenko Solar Energy. The Board of Directors of the company at their meeting held on August 14, 2017 has approved the same.
Pennar is one of India’s leading industrial organizations offering specialized, engineering steel solutions. The company is a multi-location, multi-product company manufacturing cold rolled steel strips & tubes, cold rolled formed sections, electrostatic precipitators, pre-engineered building systems, sheet metal components and road safety systems.
