Pennar Industries treads the consolidation path | M&A Critique - 0 views
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mnacritique on 21 Mar 18Pennar Industries Ltd has entered in definitive agreement with a third party for transfer of its entire shareholding held in subsidiary Pending closing of conditions contained in the agreement the accounting effect is not given as disclosed in Dec 2017 quarter results. The PIL will be able to generate cash from the sale of Pennar renewable.