Pavna Industries Approves Acquisition and Divestments

Pavna Industries Ltd announced board meeting outcomes including approval for the acquisition of a 52.38% equity stake in Pavna Electric Systems Private Limited, making it a subsidiary. The company also approved the disinvestment of its entire stake in Pavna Auto Engineering Private Limited and Swapnil Switches Private Limited, which will result in them ceasing to be subsidiaries. The board also approved the notice and annual report for the 32nd Annual General Meeting, scheduled for September 21, 2026, and appointed NSDL for e-voting facilities.