Pennar group bags Rs. 511 cr worth orders

Hyderabad: Pennar Group, a city based value-added engineering products company on Thursday said it has bagged orders worth Rs 511 crore across its various business verticals.

Further mentioning about the clients that provided orders, the engineering solutions company said, the PEB vertical has received orders from Reliance, MSN Laboratories, TVS ILP, Sri Raghava Construction, Nongwoo Seeds, Banil Castings and Sanatanaya Warehousing. Besides, the Ascent Buildings, USA vertical has received orders from Dunn, Penland Custom Home Builder, Sons Constructions, ACH Constructors Inc, S&S Contractors LLC, and Chattahoochee Group Inc. The ICD vertical has received orders from Yamaha, Emerson, Endurance, Haldex, Wabco, Tecumseh, SI Airspring, Kone, Fujitech, Schwing Stetter, INEL, Hydraulics, Elkhart, Kone, Sicor, Venus, Fleetguard and IFB. The Railways vertical has received orders from Integral Coach Factory, Wabtec, ECR and Metlord.

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

The Tubes vertical has received orders from ALF Engineering, Thermax, IFB Automotive, Hindalco, Kirloskar Toyota, Patton International, Interoll India, RSB Transmissions, Forbes Vyncke Pvt Ltd, GI Auto, Mahindra Defence Systems, Scott Industries and COETZ Technologies, RSB Transmissions and Toyota Boshoku Automotive.