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Pavna Industries Shares Rise After MoU With Uttar Pradesh Government

By Shishta Dutta | Published at: Nov 25, 2025 12:06 PM IST

Pavna Industries Shares Rise After MoU With Uttar Pradesh Government
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Mumbai, November 25, 2025: Pavna Industries Limited (NSE: PAVNAIND | BSE: 543915) announced that it has signed an MoU with the Government of Uttar Pradesh. The company made a regulatory filing regarding the same. As per the regulatory filing, the MoU will allow the company to set up new projects in the state. The shares of the company reacted positively to the new development.

Pavna Industries Limited operates in the auto components and equipment sector. The company is engaged in manufacturing key automotive parts and accessories and has been expanding its footprint since its listing in June 2023. It is listed on both BSE and NSE and trades under the tickers 543915 and PAVNAIND, respectively.

Key Details Of The MoU

As per the regulatory filing made by the company, the MoU was signed on November 24, 2025. The MoU is worth Rs 250 crore. Under it, the company will set up a new project in the state. The setup will be done in about 3 to years. It is expected that the new project will create about 500 new job opportunities in the state. Further, as per the MoU terms, the state government will provide full assistance to the company regarding setting up the project. This will include providing the required permissions, approvals, and incentives available under various state and central schemes.

Market Snapshot

The share price of Pavna Industries Limited was trading at ₹31.05 as of November 25, 2025, 11:39 am. This was a 0.81% or ₹0.25 fall from its previous close of ₹30.80. The intraday range so far has been between ₹30.86 and ₹33.74. The company has had a mildly negative trading session so far. Its total market capitalisation stood at ₹433.24 crore. Further, it had a total traded value and volume of ₹0.36 crore and 1.12 lakh shares, respectively.

REF: https://nsearchives.nseindia.com/corporate/PAVNA_24112025154431_REG30MOUSD.pdf

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