Latest news about Surana Telecom & Power
Surana Telecom & Power
16.10
+0.05(+0.31%)
Company Performance:
View Company Insights1D+0.31%
1M-2.60%
6M-5.52%
1Y-32.89%
5Y0.00%
More news about Surana Telecom & Power
28Jan 26
Surana Telecom and Power Limited Sells Industrial Land for INR 24.04 Crores
Surana Telecom and Power Limited has successfully completed the sale of its industrial land measuring 9,364.50 sq. yards in Telangana for INR 24.04 crores. The property, located at Phase-II, I.D.A. Cherlapally, was sold to six buyers comprising sole proprietorship and partnership firms on 28-01-2026. The transaction received prior Board approval in September 2025 and complies with all regulatory requirements under SEBI LODR Regulations.
24Dec 25
Surana Telecom Awarded ₹175 Cr Solar Project for 51.3 MW Capacity
Surana Telecom & Power has been awarded a significant 51.3 MW solar power project involving an investment of approximately ₹175 crores. This project award marks a major milestone in the company's renewable energy expansion strategy and demonstrates its commitment to clean energy infrastructure development in India's growing solar power sector.
23Dec 25
Surana Telecom Secures ₹175 Crore Solar Power Projects Under PM KUSUM-C Scheme
Surana Telecom & Power has been awarded eight Letters of Award for 51.3MW solar power projects in Madhya Pradesh under the PM KUSUM-C scheme. The projects, valued at ₹175 crores, are part of the Surya Mitra Krishi Feeders Scheme. The tariff is set at ₹2.74 per KWh with additional Central Financial Assistance of ₹1.05 crore per MW. The projects must be commissioned within 12 months and have a 25-year contract period. Power will be supplied to Madhya Pradesh Power Management Company Limited and M.P. Urja Vikas Nigam Limited.
01Dec 25
Surana Telecom & Power Limited Expands into Solar Energy with 100% Acquisition of Topsun Solar
Surana Telecom & Power Limited (STPL) has acquired a 100% equity stake in Topsun Solar Private Limited for Rs. 1,00,000, marking its entry into the solar energy sector. Topsun Solar is now a wholly owned subsidiary of STPL. This acquisition enables STPL to engage in trading, distributing, supplying, generating, transmitting, and manufacturing solar energy-related products, potentially diversifying its business portfolio and expanding its operational scope in the renewable energy market.
08Aug 25
Surana Telecom & Power Limited Reports Q1 FY2026 Results; Board Approves Key Management Changes
Surana Telecom & Power Limited announced Q1 FY2026 results with consolidated profit after tax increasing to ₹244.87 crore from ₹181.90 crore in Q1 FY2025, a 34.6% growth. Consolidated revenue slightly decreased to ₹414.36 crore. The board approved re-appointment of Shri Narender Surana as Managing Director, proposed appointment of Mrs. Sanjana Jain to a subsidiary board, and approved 7% divestment in Aryavaan Renewable Energy Private Limited.
07Aug 25
Surana Telecom Reports Strong Q1 Results, Reappoints Managing Director, and Divests Stake in Subsidiary
Surana Telecom & Power reported a 72.60% YoY increase in standalone profit for Q1, reaching ₹271.84 crore. Consolidated net profit rose 34.60% to ₹244.87 crore. The company reappointed Narender Surana as Managing Director for three years and proposed Sanjana Jain as an Independent Director for its subsidiary. The board approved divestment of 7% stake in Aryavaan Renewable Energy Private Limited, which will cease to be a subsidiary post-transaction.
07Aug 25
Surana Telecom & Power Limited Re-appoints Narender Surana as Managing Director, Reports Q1 Results
Surana Telecom & Power Limited announced Q1 FY 2025-26 results with a 72.56% increase in Profit After Tax. The company reappointed Narender Surana as Managing Director for three years from May 2025. The Board approved divestment of 7% equity in Aryavaan Renewable Energy Private Limited. Mrs. Sanjana Jain is proposed as Independent Director for Aryavaan Renewable Energy. The company's revenue from operations slightly increased by 0.77%, while other income grew by 21.76%.
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