Pavna Industries Divests Swapnil Switches for ₹2.53 Cr

Pavna Industries Ltd has completed the disinvestment and transfer of its entire 50.74% stake in its subsidiary, Swapnil Switches Private Limited, for ₹2.53 Crore. The transaction, finalized on October 9, 2026, involved selling 3,09,001 equity shares to Mrs. Asha Jain, Mrs. Priya Jain, and PJ Wealth Management and Consultant Private Ltd. Consequently, Swapnil Switches Private Limited is no longer a direct subsidiary of Pavna Industries. The proceeds will be used to strengthen the company's core business and explore growth opportunities in the auto industry. This divestment is expected to unlock shareholder value, optimize the investment portfolio, and improve capital efficiency.