Surana Solar Limited , a company listed on both the National Stock Exchange of India and BSE Limited, has announced a significant change in its key personnel. The company has disclosed that Ms. Vempati Venkata Nagasri Durga Raja Sriramya has resigned from her position as Company Secretary and Compliance Officer.

Resignation Details

The resignation, which was accepted by the company, will take effect from the close of business hours on October 10, 2025. This information was communicated to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Points of the Resignation

Departing Officer's Statement

In her resignation letter, Ms. Sriramya stated that her decision was made after careful consideration of her professional goals and personal circumstances. She expressed appreciation for the opportunities and support provided during her tenure at Surana Solar Limited.

Company's Response

Surana Solar Limited has acknowledged the resignation and has informed the relevant stock exchanges as per regulatory requirements. The company's director, Narender Surana, signed the official communication to the stock exchanges.

Impact and Next Steps

The resignation of a key compliance officer is a significant event for any publicly listed company. Surana Solar Limited will likely be in the process of identifying a suitable candidate to fill this crucial role to ensure continued compliance with regulatory requirements.

Investors and stakeholders of Surana Solar Limited should stay tuned for further announcements regarding the appointment of a new Company Secretary and Compliance Officer.

Surana Solar Limited , a player in the solar energy sector, has received a significant financial boost following a favorable court order in its dispute with Paradip Port Trust (PPT). The company has successfully secured the release of ₹10.05 crore, marking a positive turn in its ongoing legal proceedings.

Court Order Details

The Hon'ble Commercial Court, Bhubaneswar, issued an order on September 17, 2025, directing the release of funds in favor of Surana Solar. Following this order, the Registrar of Civil Courts, Khurda at Bhubaneswar, has released:

Financial Impact

Surana Solar has confirmed that the entire amount of ₹10.05 crore has been received and credited to the company's bank account. This influx of funds is expected to have a positive impact on the company's financial position, potentially improving its liquidity and operational capabilities.

Management's Statement

In an official communication to the stock exchanges, Narender Surana, Director of Surana Solar Limited, stated that this resolution will boost the company's financial health. The successful recovery of these disputed funds represents a significant victory for Surana Solar in its legal battle with Paradip Port Trust.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and potential investors are kept informed about material developments that may affect the company's financial standing.

Market Implications

While the specific details of the original dispute with Paradip Port Trust were not disclosed, the resolution of this matter and the subsequent release of funds could be viewed positively by market participants. It demonstrates the company's ability to successfully navigate legal challenges and recover substantial amounts, which may enhance investor confidence in Surana Solar's management and financial stability.

As the solar energy sector continues to grow in importance, Surana Solar's strengthened financial position could potentially support its future growth initiatives and operational strategies in the renewable energy market.