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Pennar Industries Ltd
Pennar Industries Ltd Company History
Pennar Industries is engaged in manufacturing of cold rolled steel strips, precision tubes, cold rolled formed sections, electrostatic precipitators, profiles, Railway wagons and coach components, press steel components, hydraulics, road safety systems, galvanized products, Solar panels. Design, manufacture, supply, service and installation of pre-engineered steel buildings, building components and erection for industries, warehouses, commercial centers, multi storied buildings, aircraft hangars, defense installations, metro stations, stadiums and power plants. Design, manufacture, supply, erection and maintenance of water and waste water treatment plants and manufacture and supply of water treatment chemicals and fuel additives for both solid and liquid fuels.
2006
Pennar Industries Ltd has informed that the Board of Directors of the Company at its meeting held on October 31, 2006, inter alia, has considered and approved the appointment of Dr G Vivekanand as additional director on the Board with effect from October 31, 2006. He is the Promoter and Managing Director of Visakha Industries Ltd.
2006
2008
Pennar Industries Ltd has appointed Shri Aditya Narsing Rao as Additional Director designated as Director (Projects).
Pennar Industries Ltd has appointed Shri. A Krishna Rao as the Chairman of the Company by the Board of Directors at its meeting held on July 16, 2008.
2008
2009
The company has recommended a dividend of 20% i.e. Re 1/- per equity share of face value of Rs 5/- each.
2009
2010
Pennar Industries - PEBS Pennar launches new facility to manufacture Pre-Engineered buildings.
Mr. Ch. Anantha Reddy as Managing Director of the company.
Credit Analysis & Research Ltd (CARE) has revised upward the ratings assigned to the Bank facilities of the Company,the long term bank facilities have been upgraded to A- (A Minus) from BBB+ (BBB plus) and the short term facilities have been upgraded to PR2+ (PR2 plus) from PR2..
2010
2011
PEBS Pennar bags order from L&T for Chennai Metro Rail Workshops
Mr. Manish Sabharwal and Mr. J Ramu Rao were appointed as Additional Directors of the company.
PEBS Pennar bags three prestigious contracts worth Rs. 35 Crores
Registered Office of the Company has been shifted 1-10-75/1/1-6, Third Floor, Saptagiri Towers, S.P Road, Begumpet, Hyderabad - 500016 To Floor No. -1, DHFLVC, Silicon Towers, Kondapur, Hyderabad - 500084.
2011
2012
The Company bagging of orders worth over Rs. 45 Crores.
Pennar Industries arm bags orders worth Rs 22 cr from various vendors.
The company receives 2 Prestigious Orders Including an Order from a Tata Steel Group Company.
PennarSteels Wins Award for Excellence in All Round Performance from FAPCCI.
PennarSteels Receipt of orders from ABB Ltd., Volvo India and others worth Rs. 50 Crore.
2012
2013
Registered Office of the Company has been changed to Floor No. 3, DHFLVC Silicon Towers, Kondapur, Hyderabad - 500084 with effect from May 10, 2013.
"Pennar Industries secures receipt of orders from L&T, ABB, Ramky, Lanco, and others amounting to Rs. 40 Crore".
"Pennar Industries and Pennar Engineered Building Systems announce Receipt of orders worth Rs. 50 Crore".
"Pennar Industries forays into Hydraulics Business".
Pennar received receipt of orders from Integral Coach Factory, Texmaco, J Kumar Infra Projects, ALF Engineering, IVRCL, IJM Infrastructure and others amounting to Rs. 50 Crores".
Pennar secures receipt of orders from Shapoorji Pallonji & Co Ltd., Gland Pharma Ltd., Indian Logistics, Volvo India Pvt. Ltd. and other projects worth Rs.50 Crore".
2013
2014
Pennar Industrie secures reeceipt of Orders worth Rs. 105 Crores from Ultratech, Reliance Industries, Abhir Infra, Integral Coach Factory (ICF), BGR Energy, JSW and SRK Engineering among others.
Pennar Industries wins award in Corporate Governance.
Pennar Industries bags orders worth Rs 132 cr.
Pennar Industries bags order worth Rs 102 cr. from Kannur International Airport, L & T, Holtech Asia, Rane, Renaissance Infrastructure, Azure Power, Xylem France, Integral Coach Factory.
2014
2015
PEBS won IEI Industry Excellence Award
PEBS Received an award from INSDAG
2015
2017
Pennar Ind and its arm bag orders worth Rs 210 cr.
Pennar Industries said that the company along with its subsidiaries has bagged orders worth Rs 252 crore across its business units.
2017
2018
Pennar Group bags orders worth Rs 317 crore.
2018
2019
Pennar Industries bags orders worth Rs 302 crore
The Enviro division has received orders from Oriental Carbon, Cinda Engineering and others.
2019