1 min read.Updated: 15 Aug 2017, 04:56 AM ISTSneh Susmit
Pennar Industries says the proceeds from the stake sale in Pennar Renewables to Greenko Solar Energy will reduce its debt by Rs101 crore
Mumbai: Pennar Industries Ltd (PIL), a Hyderabad-based engineering company, on Monday said its board has agreed to sell a stake in its subsidiary Pennar Renewables Pvt. Ltd to Greenko Solar Energy Pvt. Ltd, the solar energy arm of Greenko Energy Holdings.