Surana telecom & power Limited has completed the sale of its industrial land in Telangana for INR 24.04 crores, as announced under Regulation 30 of SEBI (LODR) Regulations, 2015. The transaction involves industrial property measuring 9,364.50 sq. yards situated at Phase-II, I.D.A. Cherlapally, Ghatkesar Mandal, Medchal-Malkajgiri District, Telangana.

Transaction Details

The sale was completed on 28-01-2026 for a total consideration of INR 24.04 crores (Rupees Twenty-Four Crores and Four Lakhs Only), as mutually agreed between the parties. The Board of Directors had previously approved the authority to sell this property at their meeting held on September 03, 2025.

Buyer Information

The industrial land has been sold to six different entities, comprising both sole proprietorship and partnership firms:

• M/s. OM Sai Industries (Sole Proprietorship firm)
• M/s. Akhil Engineering Industry (Sole Proprietorship firm)
• M/s. Maha Lifts (Sole Proprietorship firm)
• M/s. Niva Engineers (Sole Proprietorship firm)
• M/s. Vidya Engineering Industry (Sole Proprietorship firm)
• M/s. Hi-Tech Hydraulic Engineers (Partnership firm)

Regulatory Compliance

The company has confirmed that the purchasers do not belong to the promoter, promoter group, or group companies of Surana Telecom and Power Limited. The transaction does not fall within the category of related party transactions, ensuring compliance with regulatory requirements.

Surana Telecom and Power Limited has clarified that the sale of this property does not constitute disposal of an undertaking or substantially the whole of an undertaking within the meaning of Section 180(1)(a) of the Companies Act, 2013. The disclosure has been made available on the company's website at www.suranatele.com as per regulatory requirements.

Surana Telecom & Power has been awarded a major solar power project, marking a significant milestone in the company's renewable energy expansion strategy. The project award represents a substantial commitment to clean energy infrastructure development.

Project Award Details

The awarded solar power project represents a substantial investment in renewable energy infrastructure. The project specifications are detailed below:

This project award enables Surana Telecom & Power to proceed with the development of the solar power facility, which will contribute to India's growing renewable energy capacity.

Investment Significance

The ₹175.00 crore investment demonstrates the company's commitment to expanding its presence in the renewable energy sector. This substantial financial commitment reflects the strategic importance of solar power generation in the company's business portfolio.

The project award comes at a time when solar energy projects are gaining increased attention due to their environmental benefits and long-term economic viability. The 51.3 MW capacity will contribute meaningfully to the company's power generation capabilities.

Strategic Impact

This solar power project represents a significant step in Surana Telecom & Power's diversification into renewable energy sources. The project award provides the company with the opportunity to strengthen its position in the clean energy sector.

The project aligns with India's broader renewable energy objectives and positions the company to benefit from the growing demand for clean energy solutions in the power generation and distribution sector.