Surana Telecom Divests 49% Stake in Bhagyanagar Solar

Surana Telecom and Power Ltd has approved the divestment/sale of 49% of its equity stake in its wholly-owned subsidiary, Bhagyanagar Solar Private Limited. Consequently, Bhagyanagar Solar will cease to be a wholly-owned subsidiary but will remain a subsidiary company. The transaction value is ₹1,14,17,000 and is expected to be completed by 20.06.2026. The buyer is Lakhanlal Anand Kumar of the Trade Private Limited, who does not belong to the promoter/promoter group/group companies.