Pennar Industries Limited (PENIND) — Board Meeting | 14 July 2026

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📢 Key Event
Approved allotment of 550,000 shares from warrant conversion

🔄 What Changed
Paid-up capital increased to Rs. 67.75 crores

💡 Investor Takeaway
The capital increase reflects warrant conversion but does not alter core business operations or immediate shareholder value.

Pennar Industries approved the allotment of 550,000 equity shares following conversion of warrants held by Pennar Holdings Private Limited, increasing paid-up capital to Rs. 67.75 crores from Rs. 67.47 crores. The warrants were issued at Rs. 168 each with a Rs. 126 exercise price, requiring Rs. 6.93 crores in exercise price payment. The shares rank pari passu with existing equity shares.

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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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