Pavna Industries Limited — JV/Acquisition, 24-08-2026: Acquisition

Pavna Industries is acquiring a 52.38% equity stake in Pavna Electric Systems Private Limited for approximately 0.17 Cr, making it a subsidiary. This strategic move aims to leverage synergies within the automobile components industry. The acquisition will enhance Pavna Industries' manufacturing capabilities, expand its product portfolio, and strengthen its market presence, driving operational efficiency and reinforcing its position in the auto sector. Pavna Electric Systems reported a turnover of Rs 25.78 Cr for FY25.