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Pavna Industries Limited plans to acquire and divest Pavna Auto Engineering Private Limited (PAEPL) and Swapnil Switches Private Limited (SSPL) to optimize its portfolio and strengthen its financial position. The acquisition of PAEPL, which contributed approximately Rs 5.40 Crores to the company’s turnover last year, will involve a consideration of Rs 8.80 Crores, while the divestment of PAEPL to Mrs. Priya Jain will yield the same amount. Pavna Industries will also sell SSPL, contributing approximately Rs 0.87 Crores to turnover, to Mrs. Asha Jain, Mrs. Priya Jain, and PJ Wealth Management and Consultant Private Limited for Rs 2.55 Crores. All transactions are contingent on shareholder approval and involve related parties, requiring adherence to regulatory guidelines and conducted at arm`s length, with consideration amounts based on valuation reports.

Pavna Industries Limited’s board approved the acquisition of a 100% stake in Pavna Auto Engineering Private Limited (PAEPL) for approximately Rs 8.80 Crores, with completion expected within 120 days of shareholder approval. Simultaneously, the board authorized the sale of both PAEPL to Mrs. Priya Jain, part of the Promoter Group, and Swapnil Switches Private Limited (SSPL) to Mrs. Asha Jain, Mrs. Priya Jain, and PJ Wealth Management and Consultant Private Limited, for approximately Rs 2.55 Crores. The divestments, conducted at arm’s length based on valuation reports, aim to unlock shareholder value, optimize the investment portfolio, and strengthen the company’s balance sheet, with proceeds earmarked for core business strengthening and potential reinvestment in two and three-wheeler segments. PAEPL contributed Rs 1533.95 lakhs in turnover and Rs 1778.90 lakhs in net worth during the last financial year, while SSPL’s contributions were Rs 247.69 lakhs in turnover and Rs 487.13 lakhs in net worth.

Pavna Industries Limited informed the BSE and National Stock Exchange that there was no deviation or variation in the utilization of proceeds from its preferential issue of equity shares and fully convertible warrants, as of June 30, 2026. The company had raised Rs 210.70 crore through the issuance of 17,72,200 equity shares and 24,00,000 fully convertible warrants, with Rs 119.80 crore received initially, and the remaining warrant consideration forfeited after the expiry of the exercise period on July 28, 2026.

Pavna Industries will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Net profit of Pavna Industries rose 43.53% to Rs 2.44 crore in the quarter ended March 2026 as against Rs 1.70 crore during the previous quarter ended March 2025. Sales declined 17.79% to Rs 54.45 crore in the quarter ended March 2026 as against Rs 66.23 crore during the previous quarter ended March 2025.For the full year,net profit declined 37.45% to Rs 4.61 crore in the year ended March 2026 as against Rs 7.37 crore during the previous year ended March 2025. Sales declined 3.63% to Rs 297.04 crore in the year ended March 2026 as against Rs 308.24 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales54.4566.23 -18 297.04308.24 -4 OPM %14.7711.34 -9.6710.73 - PBDT6.585.94 11 24.8224.20 3 PBT2.832.59 9 10.5011.16 -6 NP2.441.70 44 4.617.37 -37 Powered by Capital Market - Live News