Industrial Products
Investment7 April 2026 at 11:11 am

Pennar Industries to Consider Equity Shares Issue on Preferential Basis

AI Summary

Pennar Industries Ltd. has announced that its Board of Directors will meet on 10th April, 2026, to consider the issue of equity shares and/or convertible securities including warrants on a preferential basis. The issue price will be determined as per the SEBI (ICDR) Regulations, 2018, and applicable laws. The company will also seek necessary regulatory/statutory approvals, including shareholders' approval. The trading window for dealing in the equity shares of the company by the designated persons and their immediate relatives is closed from 1st April, 2026, till 48 hours after the declaration of the audited financial results for the quarter and financial year ending 31st March, 2026. This closure is in accordance with the company's Code of Conduct for Prevention of Insider Trading and applicable laws.

Key Highlights

  • Pennar Industries to consider the issue of equity shares and/or convertible securities including warrants on preferential basis
  • The issue price will be determined as per the SEBI (ICDR) Regulations, 2018, and applicable laws
  • Necessary regulatory/statutory approvals, including shareholders' approval, will be sought
  • Trading window for dealing in the equity shares of the company by the designated persons and their immediate relatives is closed from 1st April, 2026
  • Closure is in accordance with the company's Code of Conduct for Prevention of Insider Trading and applicable laws