Pennar Industries Limited (PENIND) — regulation 29 | 16 April 2026

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📢 Key Event
Bandhan Mutual Fund’s Small Cap Fund acquired 120,000 shares, increasing its holding to 5.0469% of Pennar Industries.

🔄 What Changed
Holding rose from 4.9580% to 5.0469% after the April 13, 2026 open market purchase.

💡 Investor Takeaway
The modest increase shows a new institutional investor entering the shareholder base, which may signal growing confidence in Pennar’s prospects.

Pennar Industries disclosed on April 16, 2026 that Bandhan Mutual Fund’s Small Cap Fund acquired 120,000 shares, raising its stake to 5.0469% of the company’s paid-up capital. The filing confirms the transaction occurred on April 13, 2026 and was submitted to both BSE and NSE under SEBI Regulation 29(1).

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About Pennar Industries Limited (PENIND)

Capital Goods · Industrial Manufacturing · Listed on NSE

Market Cap: ₹2,046.46 Cr P/E: 18.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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