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Surana Telecom and Power acquires 99.90% stake in Surana Solar Systems

10 Jun 2013 Evaluate

Surana Telecom and Power’s board of directors at its meeting held on May 08, 2013, resolved to acquire shares in Surana Solar Systems. The said transaction completed on June 10, 2013 by acquiring 9,990 equity shares representing 99.90% of total paid up equity capital of Surana Solar Systems resulting in subsidiary of Surana Telecom and Power with the effect from June 10, 2013.

Surana Telecom & Power was engaged in the business of manufacturing of petro products such as petroleum jelly and telecom products such as jointing kits. In the year 2007, the company diversified into the power sector with the manufacturing of low tension and high tension power cables and setting up a 1.25 MW wind power generation plant.

Surana Telecom Share Price

18.74 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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