Pennar Industries appoints Dickenson for IR, AR and FPR mandate
Pennar Industries Limited appoints Dickenson World for
Integrated Investor Communications mandate
MUMBAI, April 4, 2019: Dickenson World, a seasoned Capital Market Communications consultancy firm operating since 1998, announced today that Pennar Industries Limited, a diversified multi-product engineering company, has appointed Dickenson to carry out their mandate for investor communications and outreach.
Hyderabad based Pennar Industries Limited, is one of the leading engineering organisations, well known for its expertise in providing engineered products & services, with a market capitalisation of INR 4.6 billion. The Group consists of “Pennar Industries Limited” and “Pennar Engineered Building Systems Limited (PEBS Pennar)”.
As more and more clients are appreciating the value of integrated investor communications globally, Dickenson will provide end-to-end Investor Relations (IR) solutions, Annual Reporting (AR) solutions, and Financial Public Relation (FPR) consulting solutions to Pennar Industries Limited. This will include providing investor communications, while also sharply defining Pennar’s investment case, recommending best global IR practices, improving quality and the frequency of investor communications, and significantly enhancing engagement with analysts and investors across geographies.
“Pennar Industries Limited is India’s leading value-added engineering products and solutions company with the consolidated revenue of over INR 2000 crore. Dickenson is mandated to position Pennar Industries Limited correctly to reflect its core proposition, differentiators and communicate the company’s strategic direction that will significantly enhance shareholder value.” stated Mr. Manoj Saha, Managing Director, Dickenson World.
About Pennar Industries
Pennar Industries Limited (NSE: PENIND, BSE: 513228) is India’s leading value-added engineering products and solutions company. The Company has a strong presence across growth sectors in India through four business units Railways, Tubes, Industrial Components and Steel Products, and its subsidiary companies, Pennar Engineered Building Systems Limited, Pennar Enviro Limited and Pennar Global Inc.
All of Pennar’s manufacturing units are ISO 9001:2008-certified, and the Company has a presence across 10 industry verticals. Pennar has over 30 years of rich experience and more than 1,000 precision engineered products, 2,500 tools and dies, over 600 customers and seven manufacturing plants located at Patancheru, Sadashivpet, lsnapur, Velchal and Mallapur near Hyderabad, Chennai in Tamil Nadu and Tarapur in Maharashtra. For more information, please visit www.pennarindia.com
About Dickenson World
Established in 1998, Dickenson World is a seasoned Capital Markets Communication & Investor Engagement specialist. With a presence in London, Mumbai & Ahmedabad, Dickenson handles a variety of mandates of more than 95+ listed companies for their engagement with the financial marketplace and the financial media. For more information on Dickenson World, visit our website www.dickensonworld.com
For more information contact:
Mehul Mehta, Director (IR & FPR Practice), Dickenson World
Tel: +91 9820280325
Nida Mukadam, Manager – Business Development, Dickenson World
Tel: +91 22 66276509