Surana Telecom and Power Limited — Important, 07-08-2025: Diversification/Disinvestment

Surana Telecom and Power's board has approved the sale of its 7% stake in Aryavaan Renewable Energy Private Limited, a material subsidiary. This divestment, pending shareholder approval, means Aryavaan will cease to be a subsidiary. For FY24-25, Aryavaan contributed ₹3.65 Cr (22.92%) to Surana Telecom's total turnover of ₹15.92 Cr, and its net worth was ₹9.82 Cr (6.27%) compared to Surana Telecom's ₹156.39 Cr. The sale to promoter group buyers will be at fair value, indicating a strategic portfolio realignment.