Pennar Industries has entered into share purchase agreement for disposing its 100% shareholding in Oneworks BIM Technologies, Subsidiary of the Company on August 31, 2021. The expected date of completion of sale/ disposition before October 10, 2021. Consideration receivable from such sale/ disposition is Rs 62 lakh.
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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