Posted inSectors

Pennar Industries secures orders worth Rs 498 crore

New orders procured by Pennar are spread across its various business verticals

Pennar Group, a value-added engineering products and solutions company, has bagged orders across its various business verticals to the tune of Rs 498 crore.

Reliance Industries, MSN Laboratories, Technocraft, JSW and Siemens have placed orders on Pennar’s Pre Engineered Buildings (PEB) vertical.

Ascent Buildings, USA vertical has received orders from Dunn & Griffco, Alladin, Tubular Steel, Service Steel, Bailey and Cornerstone Building Brands.

ICD vertical has received orders from Yamaha, Emerson, Endurance, Haldex, Wabco, Tecumseh, SI Airspring, Kone, Fujitech, Schwing Stetter, Hydraulics and Elkhart.

Railways vertical has received orders from Integral Coach Factory, Universal and Wabtec. 

Tubes vertical has received orders from ALF Engineering, Thermax, IFB Automotive, Kirloskar Toyota, Patton International, Interoll India, RSB Transmissions, ISGEC Heavy Engineering, GI Auto, Scott Industries, Artech S.R.L, Karay Metals Inc. and Stomet.

Steel vertical has received orders from L&T, Zetwork, Saint Gobain, Thermax, VECV, VRL, LG Balakrishnan, Schaeffler India, IFB, BI Metals Bearing, Nuevosol, Waree, Wootz Structures and Pushpak Colour Roof.

The orders have been received during the months of February and March 2022 and are expected to be executed within the next two quarters.