Surana Solar Limited announced that its Chief Financial Officer, Anicode Ganeshan Srinath, has resigned effective from the close of business hours on May 30, 2026. The resignation was submitted due to pre-occupation and other commitments, and the company has accepted the request. This change in leadership impacts the financial oversight of the solar energy company as it moves forward with its operations.

The disclosure was made to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the resignation would be placed before its Board of Directors in the ensuing meeting for formal notation.

Surana Solar Limited has published newspaper advertisements of its audited financial results for the fourth quarter and year ended March 31, 2026, in compliance with SEBI regulations. The company informed stock exchanges about the publication through a formal intimation dated April 30, 2026.

Regulatory Compliance and Publication

The company published its financial results extract in "Business Standard" (English) and "Nava Telangana" (Telugu) newspapers on April 30, 2026, as required under Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results are also available on the company's website www.suranasolar.com in accordance with Regulation 46 of SEBI LODR.

Strong Financial Performance for FY26

The published results show remarkable financial improvement for FY26. The company reported a profit of ₹19.80 crore for Q4 FY26 compared to a loss of ₹71.34 crore in Q4 FY25. For the full year FY26, Surana Solar achieved a significant profit of ₹123.97 crore, substantially higher than ₹5.85 crore in FY25.

Segment Performance and Business Focus

The Solar Products segment emerged as the primary revenue contributor, generating ₹2,069.51 crore for FY26. The Renewable Energy segment contributed ₹13.92 crore during the year. Notably, the Trading segment, which had contributed ₹2,879.10 crore in FY25, showed no activity in FY26, indicating the company's strategic focus on core solar business operations.

Board Meeting and Audit Opinion

The board meeting was held on April 29, 2026, from 11:00 A.M. to 11:30 A.M., where directors approved the audited financial results. The company's statutory auditors, M/s. Luharuka & Associates, issued an unmodified opinion on the financial results, confirming compliance with accounting standards and regulatory requirements.