Pavna Industries Merger & Restructuring Worth ₹8.8 Cr
Pavna Industries sold its 50.74% stake in Pavna Auto Engineering for ₹8.80 Crore to promoter Mrs. Priya Jain. The subsidiary is no longer part of the company.
- Value
- ₹8.80 Cr
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Pavna Industries sold its 50.74% stake in Pavna Auto Engineering for ₹8.80 Crore to promoter Mrs. Priya Jain. The subsidiary is no longer part of the company.
Pavna Industries Limited is divesting its entire equity stake in subsidiary Swapnil Switches Private Limited to the Promoter and Promoter Group for cash at fair value.
Pavna Industries Limited completed the sale of its 50.74% stake in Swapnil Switches Private Limited for ₹2.53 Crore. The subsidiary ceased to be a direct subsidiary effective October 9, 2026.
Pavna Industries Ltd. announced the sale of subsidiaries Pavna Auto Engineering Pvt. Ltd. and Swapnil Switches Pvt. Ltd. to entities within the Promoter Group.