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Pavna Industries LimitedBoard Meeting, 09-04-2025: Outcome of Board Meeting

09-04-2025 · 05:14 pm

Pavna Industries Limited has announced a board meeting where it decided to raise up to ₹320 Crores through a Qualified Institutions Placement (QIP). This funding is subject to shareholder approval and applicable regulations. The board also approved a draft notice for an Extraordinary General Meeting to seek member approval for the QIP. Additionally, Mr. Shantanu Jain was appointed as a scrutinizer for the voting process. Furthermore, the board has initiated steps towards investing in the Pavna Foundation, a new entity focused on promoting education, sports, and health.

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