Pennar Industries has received an approval for the Scheme of Amalgamation of Pennar Engineered Building Systems (PEBS) and Pennar Enviro (PEL) with itself and their respective shareholders. The Board of Directors of the company at its meeting held on November 10, 2017, considered and 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.