Surana Telecom and Power Limited — Others, 30-01-2025: Shareholders meeting

Surana Telecom and Power Ltd. has declared the results of a recent postal ballot regarding the sale or disposal of its SMW Solar Power Plant in Telangana. The special resolution was passed with a significant majority, as over 97% of votes cast favored the resolution, enabling the company to proceed with the sale. This move reflects the company's strategic intent to optimize its asset portfolio. The strong support indicates a positive outlook among shareholders, potentially enhancing investor sentiment towards the company's future direction and operational focus.