Pavna Industries Limited has approved an investment of ₹4 lakh in its subsidiary Pavna SMC Private Limited, updated its Related Party Transactions Policy, and cleared key governance actions at its Board meeting held on January 28, 2026. The decisions were disclosed under SEBI Regulation 30.
Author: Aditya Pareek | EQMint
Pavna Industries Limited has informed stock exchanges about the Outcome of Board Meeting held on Wednesday, January 28, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to both BSE Limited and the National Stock Exchange of India Limited.
The meeting commenced at 3:00 PM and concluded at 3:30 PM, during which the Board of Directors considered and approved several strategic, governance, and investment-related matters.
Board Approves Investment in Subsidiary Pavna SMC Private Limited
One of the key decisions taken at the meeting was the approval of an investment in equity shares of the subsidiary company, Pavna SMC Private Limited, amounting to ₹4,00,000 as subscription money.
As per the disclosure:
- Name of subsidiary: Pavna SMC Private Limited
- CIN: U29304UP2025PTC235935
- Industry: Automobile components manufacturing
- Date of incorporation: November 05, 2025
- Authorised share capital: ₹5,00,000
- Paid-up share capital: ₹5,00,000
Pavna Industries Limited will acquire an 80% equity stake in Pavna SMC Private Limited, while the remaining 20% stake will be held by Smartchip Microelectronics Corp. The acquisition has been made through cash consideration, with shares acquired at a face value of ₹10 per share.
Strategic Objective of the Subsidiary Investment
According to the annexure attached to the exchange filing, Pavna SMC Private Limited has been incorporated to undertake and carry on the business of:
- Manufacturing electronic components for the automobile industry, including ICE and EV segments
- Producing hardware components such as cupboard and door locks
- Serving residential, commercial, aerospace, and medical industries
The investment enables Pavna Industries Limited to expand its footprint into electronics-led automotive components, aligning with industry trends toward electric vehicles, smart hardware, and advanced manufacturing.
The company stated that Pavna SMC Private Limited is expected to commence business operations, with the indicative timeline for completion of the acquisition on or before March 31, 2026.
Updation of Related Party Transactions Policy
The Board also approved the updation of the Related Party Transactions (RPT) Policy of the company. This update has been undertaken to ensure alignment with:
- SEBI (LODR) Regulations
- Applicable SEBI circulars
- Evolving corporate governance requirements
The update reflects Pavna Industries Limited’s commitment to transparency, regulatory compliance, and robust governance practices, particularly in light of expanding subsidiary operations.
Postal Ballot and Appointment of Scrutinizer
In order to seek shareholder approval for special business matters, the Board approved:
- The Notice of Postal Ballot
- Appointment of Mr. Shantanu Jain, Practicing Company Secretary (Enrolment No. D-2803/2022), as the Scrutinizer
Mr. Jain will oversee the voting and remote e-voting process to ensure that the postal ballot is conducted in a fair and transparent manner.
Additionally, the Board approved the appointment of NSDL to provide remote e-voting facilities for the postal ballot process.
Postal Ballot Notice and Shareholder Communication
The company stated that:
- The postal ballot notice will be sent to shareholders and stock exchanges in due course
- The notice will be made available on the company’s website and the websites of BSE and NSE
- Voting will be conducted electronically in accordance with applicable regulations
This process ensures ease of participation for shareholders and adherence to best governance practices.
Regulatory Compliance Under SEBI Regulation 30
The disclosure has been made under SEBI Regulation 30, read with SEBI Circular dated July 13, 2023, which mandates listed companies to disclose material events in a timely and transparent manner.
The company has provided detailed disclosures in Annexure 1, covering:
- Nature of the acquisition
- Shareholding structure
- Consideration and cost of acquisition
- Industry classification and business objectives
Such disclosures enable investors and stakeholders to evaluate the strategic and financial implications of corporate actions.
About Pavna Industries Limited
Pavna Industries Limited is an established Indian manufacturer of automobile components, serving leading OEMs across the two-wheeler, three-wheeler, and passenger vehicle segments. The company has been steadily expanding its capabilities across mechanical and electronic components to align with evolving automotive technologies.
Conclusion
Pavna Industries Limited’s Outcome of Board Meeting reflects a strategic step toward diversification and future-ready manufacturing through its investment in Pavna SMC Private Limited. Alongside updating its Related Party Transactions Policy and initiating a postal ballot process, the company has demonstrated a structured approach to governance, compliance, and long-term growth.
Disclosed transparently under SEBI Regulation 30, the developments underscore Pavna Industries Limited’s focus on strengthening its subsidiary ecosystem and aligning with emerging opportunities in the automotive and electronics space.
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Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Investments in securities and corporate actions are subject to market, operational, and regulatory risks. Readers are advised to consult certified financial advisors or professionals before making any investment or business decisions.
