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Pennar Industries to hike stake in subsidiary - Pennar Renewables

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Capital Market
Last Updated : Dec 21 2016 | 1:01 PM IST

To 70%

Pennar Industries announced that as per the terms and understanding reached with the existing investors of the Company's subsidiary viz., Pennar Renewables, the final shareholding of Pennar Industries in Pennar Renewables will be 70%. This will be achieved in one or more transactions.

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First Published: Dec 21 2016 | 12:40 PM IST

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