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Surana Telecom executes SPA to sell 10% stake in Surana Infotech

05 May 2022 Evaluate

Surana Telecom & Power has executed Share Purchase agreement (SPA) to sale equity stake of 10% held in Surana Infotech to Tapaz Info Parks Holdings, Singapore. The total amount of consideration is finalised for Rs 7.59 crore and the same will be received on closing/transfer of equity shares. The expected date for closing/transfer of equity shares is tentatively by May 03, 2022. 

Surana Telecom & Power was engaged in the business of manufacturing of petro products such as petroleum jelly and telecom products such as jointing kits.

Surana Telecom Share Price

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