Pavna Industries Limited held a board meeting on January 28, 2026, where directors approved several strategic decisions including subsidiary investment and policy updates. The meeting, which commenced at 03:00 PM and concluded at 03:30 PM, addressed multiple corporate governance and business expansion matters.

Key Board Decisions

The board approved four major resolutions during the meeting:

Subsidiary Investment Details

The company approved investing ₹4,00,000 as subscription money for equity shares in its subsidiary Pavna SMC Private Limited. The investment structure involves acquiring 40,000 equity shares at ₹10 face value per share, giving Pavna Industries an 80% stake in the subsidiary.

Business Scope and Operations

Pavna SMC Private Limited, incorporated on November 05, 2025, will operate in the automobile industry focusing on electronic components. The subsidiary's business objectives include:

• Manufacturing electronic components for automobile industry (ICE & EV)
• Producing hardware for cupboard and door locks in residential and commercial sectors
• Developing components for aerospace and medical industries

The subsidiary has an authorized share capital of ₹5,00,000 and paid-up share capital of ₹5,00,000.

Postal Ballot Process

The board approved initiating a postal ballot process for special business matters requiring member consent. Mr. Shantanu Jain (Enrollment No. D-2803/2022) was appointed as scrutinizer to ensure fair and transparent voting procedures. The company will utilize NSDL's remote e-voting facility for the postal ballot process.

The postal ballot notice will be distributed to stock exchanges and company members, and made available on the company's website at www.pavna.in and stock exchange websites including BSE and NSE platforms.

Pavna Industries Ltd held a groundbreaking ceremony to officially commence construction of its new manufacturing facility in Hosur, Tamil Nadu, marking the automotive components manufacturer's strategic expansion into southern India. The company has committed ₹50.00 crore for the first phase of this significant investment.

Project Details and Timeline

The new facility represents a major milestone in Pavna Industries' growth strategy, with operations expected to commence in 2026. The plant will initially focus on supplying critical automotive components to original equipment manufacturers operating in the southern Indian market.

Strategic Positioning

Managing Director Swapnil Jain explained the rationale behind selecting Hosur as the location for this expansion. The site was strategically chosen for its proximity to key original equipment manufacturer customers in southern India. Jain emphasized that this expansion aims to improve operational efficiency, strengthen logistics capabilities, and contribute to local economic development in the region.

Company Profile and Operations

Pavna Industries manufactures automotive components across multiple vehicle categories, including passenger vehicles, two-wheelers, three-wheelers, commercial vehicles, and off-road vehicles. The company currently operates manufacturing plants in three locations: Aligarh, Aurangabad, and Pantnagar.

The company's diverse product portfolio includes:

• Ignition switches
• Fuel tank caps
• Latches and auto locks
• Oil pumps
• Throttle bodies
• Casting components

Customer Base and Market Reach

Pavna Industries serves major automotive manufacturers including Bajaj, Honda, TVS, Mahindra, Royal Enfield, Ashok Leyland, and Eicher Motors. Beyond the domestic market, the company maintains an international presence with exports to Italy, Sri Lanka, Indonesia, Sudan, the United States, and Bangladesh.

Incorporated in 1994 as Pavna Locks Ltd, the company has evolved into a comprehensive automotive components manufacturer. The shares of Pavna Industries Ltd ended trading at ₹19.40, declining by ₹1.03 or 5.04 percent during the session.