Integrated Filing — IndAS



General information about company
Scrip Code 543915
NSE Symbol PAVNAIND
MSEI Symbol NOTLISTED
ISIN INE07S101020
Name of company PAVNA INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 17-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Automative Segment
Start date and time of board meeting 26-May-2025   18:00:00
End date and time of board meeting 26-May-2025   19:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-10-25
Indicate Company website link for updated RPT policy of the Company https://www.pavna.in/mandatory/Related-Party-Transactions-Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default on loans and Company has no debt sequrities till date.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 653321000 2977960000
Other income 7849000 14957000
Total income 661170000 2992917000
2 Expenses
(a) Cost of materials consumed 445287000 2150859000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -5154000 -93111000
(d) Employee benefit expense 61373000 248993000
(e) Finance costs 20055000 93520000
(f) Depreciation, depletion and amortisation expense 29781000 115135000
(f) Other Expenses
1 Other Expenses 88804000 368933000
Total other expenses 88804000 368933000
Total expenses 640146000 2884329000
3 Total profit before exceptional items and tax 21024000 108588000
4 Exceptional items 0 0
5 Total profit before tax 21024000 108588000
6 Tax expense
7 Current tax 5392000 27884000
8 Deferred tax 1221000 85000
9 Total tax expenses 6613000 27969000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 14411000 80619000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 14411000 80619000
17 Other comprehensive income net of taxes -1072000 69000
18 Total Comprehensive Income for the period 13339000 80688000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 139530000 139530000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.02 6.46
Diluted earnings (loss) per share from continuing operations 1.02 6.46
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.02 6.46
Diluted earnings (loss) per share from continuing and discontinued operations 1.02 6.46
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 826395000
Capital work-in-progress
Investment property
Goodwill 0
Other intangible assets 2765000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 96403000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 67215000
Total non-current financial assets 163618000
Deferred tax assets (net)
Other non-current assets 5157000
Total non-current assets 997935000
2 Current assets
Inventories 847760000
Current financial asset
Current investments 0
Trade receivables, current 531792000
Cash and cash equivalents 8433000
Bank balance other than cash and cash equivalents 579000
Loans, current 0
Other current financial assets 0
Total current financial assets 540804000
Current tax assets (net) 5960000
Other current assets 98214000
Total current assets 1492738000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 2490673000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 139530000
Other equity 1786998000
Total equity attributable to owners of parent 1926528000
Non controlling interest
Total equity 1926528000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 71085000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 3294000
Total non-current financial liabilities 74379000
Provisions, non-current 20795000
Deferred tax liabilities (net) 4435000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 99609000
Current liabilities
Current financial liabilities
Borrowings, current 221064000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 83624000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 120339000
Total Trade payable 203963000
Other current financial liabilities 27757000
Total current financial liabilities 452784000
Other current liabilities 1418000
Provisions, current 10334000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 464536000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 564145000
Total equity and liabilites 2490673000
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block
Textual Information(1) The Company has allotted 1772200 equity shares for Rs.505 (FV is Rs 10 and Securities Premium is Rs 495) and Fully Convertible 2400000 Warrants for Rs 505 (FV is Rs 10 and Securities Premium is Rs 495) (25 percentage received) on 29th January 2025



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) Based on the guiding principle given in IND AS 108 on Operating Segments , the company business acivity fall within a single operating segment via, automotive segment.



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 1072000 -69000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -1072000 69000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 108588000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 93517000
Adjustments for decrease (increase) in inventories -139475000
Adjustments for decrease (increase) in trade receivables, current -2786000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 45685000
Adjustments for decrease (increase) in other non-current assets 5084000
Adjustments for other financial assets, non-current -35898000
Adjustments for other financial assets, current -284000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -143418000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 115136000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 1625000
Adjustments for provisions, non-current -3450000
Adjustments for other financial liabilities, current -107000
Adjustments for other financial liabilities, non-current -16059000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -7306000
Other adjustments for non-cash items 92000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -87644000
Net cash flows from (used in) operations 20944000
Dividends received 0
Interest paid 0
Interest received -4031000
Income taxes paid (refund) 31777000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -14864000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 269536000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 4031000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -265505000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 1194144000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 812655000
Payments of lease liabilities 852000
Dividends paid 0
Interest paid 93173000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 287464000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 7095000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 7095000
Cash and cash equivalents cash flow statement at beginning of period 1337000
Cash and cash equivalents cash flow statement at end of period 8432000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Arun Varshney & Associates Yes 31-Aug-2027


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 29-Jan-2025
Amount Raised 1198000000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE RATINGS LIMITED
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 ISSUE RELATED EXPENSES NA 2800000 2800000 2800000 0 Issue expense had already been incurred. However the same is yet to reimburse from Monitoring Account.
2 WORKING CAPITAL REQUIREMENT NA 815000000 815000000 815000000 0
3 GENERAL CORPORATE PURPOSE (GCP) NA 802500000 500000000 383000000 0 Modification in allocated amount is due to undersubscription of preferential issue of Equity Shares and Fully Convertible Warrants.
4 STRATEGIC ACQUISTIONS NA 1600000000 789200000 0 0 Modification in allocated amount is due to undersubscription of preferential issue of Equity Shares and Fully Convertible Warrants.


Signatory Details
Name of signatory Swapnil Jain
Designation of person Managing Director
Place ALIGARH
Date 26-May-2025




Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 PAVNA INDUSTRIES LIMITED SMT ASHA JAIN DIRECTOR Any other transaction Loan Paid Approved at armsnlength and in thenordInary course ofnbusiness 15000000 15000000 0
2 PAVNA INDUSTRIES LIMITED PJ WEALTH MANAGEMENT AND CONSULTANT PRIVATE LIMITED PROMOTER GROUP Any other transaction Loan Paid Approved at armsnlength and in thenordInary course ofnbusiness 25000000 25000000 0
3 PAVNA INDUSTRIES LIMITED SMT ASHA JAIN DIRECTOR Any other transaction Interest (Net) Approved at armsnlength and in thenordInary course ofnbusiness 424000 0 0
4 PAVNA INDUSTRIES LIMITED SHRI SWAPNIL JAIN MANAGING DIRECTOR Any other transaction Loan paid Approved at armsnlength and in thenordInary course ofnbusiness 10000000 10000000 0
5 PAVNA INDUSTRIES LIMITED PJ WEALTH MANAGEMENT AND CONSULTANT PRIVATE LIMITED PROMOTER GROUP Any other transaction Interest (Net) Approved at armsnlength and in thenordInary course ofnbusiness 759000 0 0
6 PAVNA INDUSTRIES LIMITED SMT ASHA JAIN DIRECTOR Any other transaction Building Rent Approved at armsnlength and in thenordInary course ofnbusiness 300000 0 0
7 PAVNA INDUSTRIES LIMITED SHRI SWAPNIL JAIN MANAGING DIRECTOR Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 16800000 0 0
8 PAVNA INDUSTRIES LIMITED SHRI SWAPNIL JAIN MANAGING DIRECTOR Any other transaction Interest (Net) Approved at armsnlength and in thenordInary course ofnbusiness 293000 0 0
9 PAVNA INDUSTRIES LIMITED RAVINDRA JAGANNATHRAO PISE CHIEF EXECUTIVE OFFICER Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 2400000 0 0
10 PAVNA INDUSTRIES LIMITED PALAK JAIN CHIEF FINANCIAL OFFICER Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 657000 0 0
11 PAVNA INDUSTRIES LIMITED KANCHAN GUPTA COMPANY SECRETARY & COMPLIANCE OFFICER Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 439000 0 0
12 PAVNA INDUSTRIES LIMITED VIJAY KUMAR SHARMA KEY MANAGERIAL PERSONNEL Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 896000 0 0
13 PAVNA INDUSTRIES LIMITED RAM KARAN MALIK KEY MANAGERIAL PERSONNEL Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 523000 0 0
14 PAVNA INDUSTRIES LIMITED ARUN KHANNA KEY MANAGERIAL PERSONNEL Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 989000 0 0
15 PAVNA INDUSTRIES LIMITED PANKAJ KUMAR AGGARWAL KEY MANAGERIAL PERSONNEL Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 198000 0 0
16 PAVNA INDUSTRIES LIMITED ALOK KUMAR SHARMA KEY MANAGERIAL PERSONNEL Remuneration Approved at armsnlength and in thenordInary course ofnbusiness 930000 0 0
17 PAVNA INDUSTRIES LIMITED SMT ASHA JAIN DIRECTOR Any other transaction lease Rent Approved at armsnlength and in thenordInary course ofnbusiness 600000 0 0
18 PAVNA INDUSTRIES LIMITED SMT ASHA JAIN DIRECTOR Any other transaction Trademark Royalty Approved at armsnlength and in thenordInary course ofnbusiness 7056000 0 0
19 PAVNA INDUSTRIES LIMITED SWAPNIL SWITCHES PVT. LTD. SUBSIDIARY COMPANY Purchase of goods or services Approved at armsnlength and in thenordInary course ofnbusiness 0 21321000 23581000
20 PAVNA INDUSTRIES LIMITED PAVNA AUTO ENGINEERING PVT. LTD. SUBSIDIARY COMPANY Purchase of goods or services Approved at armsnlength and in thenordInary course ofnbusiness 637000 30896000 62824000
21 PAVNA INDUSTRIES LIMITED SWAPNIL SWITCHES PVT. LTD. SUBSIDIARY COMPANY Any other transaction Rent paid Approved at armsnlength and in thenordInary course ofnbusiness 972000 0 0
22 PAVNA INDUSTRIES LIMITED PAVNA AUTO ENGINEERING PVT. LTD. SUBSIDIARY COMPANY Sale of goods or services Approved at armsnlength and in thenordInary course ofnbusiness 57604000 30896000 62814000
23 PAVNA INDUSTRIES LIMITED PAVNA SUN WORLD AUTOTECH PVT LTD SUBSIDIARY COMPANY Sale of goods or services Approved at armsnlength and in thenordInary course ofnbusiness 270000 16600000 29895000
24 PAVNA INDUSTRIES LIMITED PAVNA SUN WORLD AUTOTECH PVT LTD SUBSIDIARY COMPANY Purchase of goods or services Approved at armsnlength and in thenordInary course ofnbusiness 9015000 16600000 29895000
25 PAVNA INDUSTRIES LIMITED PAVNA MARKETING PVT LTD SUBSIDIARY COMPANY Sale of goods or services Approved at armsnlength and in thenordInary course ofnbusiness 182759000 52172000 73288000
26 PAVNA INDUSTRIES LIMITED PAVNA MARKETING PVT LTD SUBSIDIARY COMPANY Purchase of goods or services Approved at armsnlength and in thenordInary course ofnbusiness 21790000 52172000 73288000
27 PAVNA INDUSTRIES LIMITED SWAPNIL SWITCHES PVT. LTD. SUBSIDIARY COMPANY Sale of goods or services Approved at armsnlength and in thenordInary course ofnbusiness 11494000 21321000 23581000
Total value of transaction during the reporting period 367805000