Pavna Industries Appoints M/s Suri & Sudhir as Internal Auditor

Pavna Industries Ltd announced the appointment of M/s Suri & Sudhir, Chartered Accountants, as the company's Internal Auditor. This decision was approved by the Board of Directors on July 27, 2026. The company also reported the lapse and forfeiture of 24,00,000 convertible warrants issued under SEBI ICDR Regulations. These warrants, issued on a preferential basis, had an exercise period ending July 28, 2026. Warrant holders failed to pay the balance 75% consideration within the stipulated time, leading to the lapse. Consequently, the upfront subscription amount of 25% (₹30.30 Crore) stands forfeited. The company also disclosed the identification of Senior Management Personnel following an internal restructuring.