India, June 13 -- Pennar Industries Limited said in a filing to BSE that the company has allotted 3,20,07,717 equity shares.

The shares have been allotted to eligible shareholders in division of 2,79,09,458 shares for Pennar Engineered Building Systems Limited and 40,98,259 for Pennar Enviro Limited.

As per the report, the Company is in the process of filing listing applications with the Stock Exchanges and the aforesaid equity shares will either be credited to the Demat Accounts or Share Certificates will be dispatched to the eligible Shareholders of PEBS and PEL. Further, in terms of the aforesaid Scheme, Bank accounts of eligible shareholders of PEBS and PEL as registered with the Depositories / Bank will be either credited or fraction...