Pennar Industries will form a Special Purpose Vehicle (SPV) with Enertech Engineering to execute Defence sector orders. The proposed SPV's products include Mobile Shelters, Nucear Hardened NBC protected shelters e.t.c. Pennar will hold 51% in the proposed SPV and Enertech will hold 49%.
Pennar Industries 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.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
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