Pavna Industries Limited — JV/Acquisition, 28-01-2026: Acquisition

Pavna Industries has approved an investment of ₹0.04 Cr in its subsidiary, Pavna SMC Private Limited, securing an 80% stake. This strategic move aims to expand into manufacturing electronic components for the automobile industry (including ICE & EV) and other sectors like hardware for locks, aero, and medical. Pavna SMC, incorporated recently, will leverage this to commence business in a high-growth segment, enhancing Pavna's product portfolio and future technological capabilities. The acquisition positions Pavna to capitalize on the evolving automotive and electronics landscape.