Pennar Aluminium Company Limited
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BSE Code:
513405
NSE Code:
PENNARALUM
Business Profile
Business Profile
Pennar Aluminium Company (PENNARAL), incorporated on Sep. 01, 1989, has been engaged in the manufacture of aluminum rolled products and aluminum conductors. It has been promoted by Nrupender Rao and his associates, Pennar Steels, Pennar Patterson, and State Industrial and Investment Corporation of Maharashtra
In FY08, the company did not conduct any operations. It was declared a sick industrial unit in 1998 and consequently, the bank withdrew all working capital. It could not service its debts, and the Securitization Act was invoked, assets taken over by Asset Reconstruction Company (India) (ARCIL) and sold to another company.
The registered office is located at 1-10-75/1/1-6, Flat No 201, Second Floor, Sapthagiri Towers, Hyderabad-500016, Andhra Pradesh.
Financials
Pennar Aluminium Company registered a loss of Rs 0.07 million for the quarter ended June 2008.