
Board Meeting11 Jul 2026, 04:00 pm
TeleCanor Global Board Approves Revised Land Valuation Report
AI Summary
TeleCanor Global Ltd held a Board Meeting on July 11, 2026. The Board reviewed an update on labor unrest, noting that most differences have been resolved and remaining issues are expected to be settled by month-end, with normal operations anticipated to resume. Additionally, the Board approved a revised valuation report for land assets, superseding a previous report dated December 9, 2025, which contained an inadvertent error. The revised report accounts for prohibited survey numbers as notified by the Government of Andhra Pradesh. The company will adopt the lower of the revised valuation or acquisition value for its land assets.
Key Highlights
- Labor unrest issues largely resolved, expecting normal operations soon.
- Revised land valuation report approved by the Board.
- Previous valuation report (Dec 9, 2025) withdrawn due to errors.
- New valuation considers prohibited survey numbers.
- Adopted valuation is the lower of revised value or acquisition value.
Price Impact
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