Pennar Industries enters into agreement for disposing entire stake in Oneworks BIM Technologies
1st Sep 2021

Pennar Industries has entered into share purchase agreement for disposing its 100% shareholding in Oneworks BIM Technologies, Subsidiary of the Company on August 31, 2021. The expected date of completion of sale/ disposition before October 10, 2021. Consideration receivable from such sale/ disposition is Rs 62 lakh.

Pennar Industries is one of India’s leading industrial organizations offering specialized, engineering steel solutions. The company is a multi-location, multi-product company manufacturing cold rolled steel strips & tubes, cold rolled formed sections, electrostatic precipitators, pre-engineered building systems, sheet metal components and road safety systems.