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Pennar Industries Ltd

NSE: PENIND BSE: 513228

₹146.16

(1.34%)

Sun, 15 Mar 2026, 02:10 am

Company History

1975

  • The Company was incorporated on 8th August, at Hyderabad
  • The company was promoted in the joint sector by J Naresh Kumar in association with Andhra Pradesh Industrial Development Corporation, Ltd
  • The main object of the company is to manufacture cold rolled steel strips, steel tubes, pipes, etc
  • The company entered into agreement with Metallurgical and Engineering Consultants India Ltd to manufacture, supply, erection and commission the cold rolling mill

1986

  • 11,43,080 shares taken up by Indian promoters, directors, etc
  • 1,18,000 shares taken up by NRI promoters on repatriation basis
  • 4,97,500 shares taken up by APIDC

1987

  • Two generating sets of a total capacity of 880 KVA were installed
  • 18,50,020 shares issued and allotted to various parties

1989

  • The Company received a letter of intent for expansion of capacity to 50,000 TPA from the existing 12,000 TPA

1990

  • 75,000-14% secured non-convertible redeemable debentures of the face value of Rs 100 each were issued by private placement to SBI Mutual Fund

1991

  • The Company incorporated Thomas & Beffs Pennar Ltd in collaboration with Thomas & Beffs Corporation, U.S.A
  • The Company issued 12,02,867 No of equity shares at par to shareholders on rights basis in proportion 1:3
  • 60,143 No of equity shares were offered at par to the employees on an equitable basis
  • 1,80,417 shares allotted to retain oversubscription
  • 14,43,427 No of rights equity shares issued in prop 1:3

1993

  • 25,85,814 rights equity shares issued in prop 1:2

1994

  • Various measures were undertaken by the Company to meet the additional demand for the Company's products from the domestic and Industrial appliances and Automotive industries
  • A 3 MW wind energy farm was installed at Coimbatore

2006

  • Pennar Industries Ltd has informed that the Board of Directors of the Company at its meeting held on October 31, 2006, inter alia, has considered and approved the appointment of Dr G Vivekanand as additional director on the Board

2008

  • Pennar Industries Ltd has appointed Shri Aditya Narsing Rao as Additional Director designated as Director (Projects)
  • Pennar Industries Ltd has appointed Shri A Krishna Rao as the Chairman of the Company

2009

  • The company has recommended a dividend of 20% i.e Re 1/- per equity share of face value of Rs 5/- each

2010

  • Pennar Industries - PEBS Pennar launches new facility to manufacture Pre-Engineered buildings
  • Mr Ch Anantha Reddy as Managing Director of the company
  • Credit Analysis & Research Ltd (CARE) has revised upward the ratings assigned to the Bank facilities of the Company

2011

  • PEBS Pennar bags order from L&T for Chennai Metro Rail Workshops
  • Mr Manish Sabharwal and Mr J Ramu Rao were appointed as Additional Directors of the company
  • PEBS Pennar bags three prestigious contracts worth Rs 35 Crores
  • Registered Office of the Company has been shifted to Floor No -1, DHFLVC, Silicon Towers, Kondapur, Hyderabad - 500084

2012

  • The Company bagging of orders worth over Rs 45 Crores
  • Pennar Industries arm bags orders worth Rs 22 cr from various vendors
  • The company receives 2 Prestigious Orders Including an Order from a Tata Steel Group Company
  • PennarSteels Wins Award for Excellence in All Round Performance from FAPCCI
  • PennarSteels Receipt of orders from ABB Ltd, Volvo India and others worth Rs 50 Crore

2013

  • Registered Office of the Company has been changed to Floor No 3, DHFLVC Silicon Towers, Kondapur, Hyderabad - 500084 with effect from May 10, 2013
  • Pennar Industries secures receipt of orders from L&T, ABB, Ramky, Lanco, and others amounting to Rs 40 Crore
  • Pennar Industries and Pennar Engineered Building Systems announce Receipt of orders worth Rs 50 Crore
  • Pennar Industries forays into Hydraulics Business
  • Pennar received receipt of orders from Integral Coach Factory, Texmaco, J Kumar Infra Projects, ALF Engineering, IVRCL, IJM Infrastructure and others amounting to Rs 50 Crores
  • Pennar secures receipt of orders from Shapoorji Pallonji & Co Ltd, Gland Pharma Ltd, Indian Logistics, Volvo India Pvt Ltd and other projects worth Rs 50 Crore

2014

  • Pennar Industrie secures receipt of Orders worth Rs. 105 Crores from Ultratech, Reliance Industries, Abhir Infra, Integral Coach Factory (ICF), BGR Energy, JSW and SRK Engineering among others
  • Pennar Industries wins award in Corporate Governance
  • Pennar Industries bags orders worth Rs 132 cr
  • Pennar Industries bags order worth Rs 102 cr from Kannur International Airport, L & T, Holtech Asia, Rane, Renaissance Infrastructure, Azure Power, Xylem France, Integral Coach Factory

2015

  • PEBS won IEI Industry Excellence Award
  • PEBS Received an award from INSDAG

2017

  • Pennar Ind and its arm bag orders worth Rs 210 cr
  • Pennar Industries said that the company along with its subsidiaries has bagged orders worth Rs 252 crore across its business units

2018

  • Pennar Group bags orders worth Rs 317 crore

2019

  • Pennar Industries bags orders worth Rs 302 crore
  • The Enviro division has received orders from Oriental Carbon, Cinda Engineering and others

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800