TeleCanor Global Ltd — Important, 10-12-2025: Company Update

TELECANOR GLOBAL LIMITED's Board reviewed business operations and noted an independent valuation report for its 70-acre land bank. The land, located in Rambili Mandal, Anakapalli district, is now valued at approximately Rs. 152.46 Cr. This significant increase in value is driven by the Andhra Pradesh government's announcement of a Google AI Centre in the vicinity, alongside other major industrial and infrastructure developments, including a Nippon Arcelor Steel Plant with a 140,000 Cr investment. The company plans to evaluate future development steps for this appreciating asset, potentially unlocking substantial shareholder value.