
Regulatory28 Sept 2026, 07:51 pm
Pennar Industries Receives Trading Approval for 5.5 Lakh Equity Shares
AI Summary
Pennar Industries Ltd has received final listing and trading approvals from BSE Limited and the National Stock Exchange of India Limited for 5,50,000 equity shares. These shares were allotted to Pennar Holdings Private Limited, a promoter, on July 14, 2026, pursuant to the conversion of 5,50,000 convertible equity warrants and payment of the balance consideration. The shares are now approved for trading effective September 29, 2026. A lock-in period for these shares is in effect until March 31, 2028.
Key Highlights
- Trading approval received from BSE and NSE for 5.5 lakh equity shares.
- Shares issued to promoter Pennar Holdings Private Limited via warrant conversion.
- Listing and trading effective from September 29, 2026.
- Lock-in period for shares until March 31, 2028.
Price Impact
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