Pavna Industries Limited
Incorporated in 1994, Pavna Industries is a manufacturer and supplier of Locks, Auto Locks and Auto Parts
What Pavna files
- Others86
- Important19
- Board Meeting17
- Updates4
- Dividend/Bonus2
- Results2
Pavna Industries will acquire 52.38% in Pavna Electric Systems, making it a subsidiary. Concurrently, it's divesting 50.74% stakes in Pavna Auto Engineering for ~₹8.80 Cr and Swapnil Switches for ~₹2.55 Cr, aiming to streamline operations and boost capital efficiency.
Pavna Industries signed an MoU with GoUP for a Rs. 250 Cr investment over 3-5 years, creating 500 jobs. GoUP will facilitate project setup and incentives, boosting PIL's expansion in Uttar Pradesh.
Pavna Industries launched a JV, PAVNA SMC PRIVATE LIMITED, with Smartchip Microelectronics Corp. Pavna holds 80% for a ₹0.04 Cr investment. This new subsidiary will produce electronic components for auto (ICE & EV) and diverse industries.
Pavna Industries established a new R&D Centre in Noida to strengthen innovation in electronic components, lock systems, and advanced automotive solutions. This strategic move aims to accelerate product development, enhance efficiency, and deliver greater value to partners and customers.
Pavna Industries expanded its landholding by 1.89 acres near Jewar Airport. This strategic acquisition reinforces its long-term vision to build a robust manufacturing and innovation hub, bolstering future capacity for diverse automotive clients.