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Surana Telecom and Power informs about update on scheme of arrangement

30 Dec 2016 Evaluate

With reference to the earlier letter dated November 22, 2016, Surana Telecom and Power has now informed that the Hon’ble High Court of Hyderabad for the State of Telangana and for the State of Andhra Pradesh, vide their Order dated November 21, 2016, Certified Copy of which dated December 28, 2016 was received by the Company today i.e. December 30, 2016, has approved the Scheme of Arrangement between Bhagyanagar India (Demerged Company) and Surana Telecom and Power (1st Resulting Company) and Bhagyanagar Properties (2nd Resulting Company) and their respective Shareholders and Creditors.

The above information is a part of company’s filings submitted to BSE.

Surana Telecom Share Price

19.16 0.42 (2.24%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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