Pennar Industries Allots 550,000 Equity Shares as Pennar Holdings Exercises Warrants at ₹168 Each 7 days ago
Pennar Industries has allotted 550,000 equity shares to Pennar Holdings upon the exercise of warrants at ₹168 per share. The total money received from this transaction amounts to ₹6.93 crore. As a result of this allotment, the company's issued capital has increased to ₹67.74 crore.
Pennar Industries Reports Strong Q4 Performance with Improved EBITDA and Profit Growth
Pennar Industries announced impressive Q4 financial results. Net profit increased by 24.4% year-over-year to ₹356.00 million. Revenue grew by 10.1% to ₹9.06 billion. EBITDA rose to ₹917.00 million, with the EBITDA margin improving to 10.12%. The company showed significant growth across key financial metrics, indicating strong operational performance and market demand.