Surana Telecom Divests Two Subsidiaries, Reduces Stake in Another

Surana Telecom and Power Ltd announced that its Board of Directors approved the transfer of 100% beneficial ownership of Bhagyanagar Solar Private Limited (BSPL) to Lakhanlal Anand Kumar Trade Private Limited (LAKTPL) for ₹2,63,00,250. This transaction, effective November 3, 2026, results in BSPL ceasing to be a subsidiary. Additionally, the company decided not to subscribe to its rights entitlement in Topsun Solar Private Limited, renouncing its entire 55,000 equity shares. This will reduce Surana Telecom's stake in Topsun Solar from 100% to approximately 15.38%, also leading to its cessation as a subsidiary. The company also approved and took on record its un-audited financial results for the quarter and half-year ended September 30, 2026.