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Surana Solar announces audited results, board decisions, disinvestment plan

May 5, 2025 at 12:10 PM UTCBy FilingReader AI

Surana Solar Limited has released its audited financial results for the quarter and year ended March 31, 2025, reporting a profit before tax of INR4.26 lakhs, against a loss of INR90.31 lakhs. Additionally, the board has approved a plan to disinvest 49% of its equity stake in M/s. Surana Technologies Private Limited, citing the best interests of the company, though the timeline for initiation remains flexible. The board also took note of the resignation of Shri. Boorugu Sri Nagesh as Independent Director, effective from the close of business hours on February 22, 2025. Moreover, Smt. Sanjana Jain was re-designated as the chairperson of the Audit Committee, effective May 3, 2025, and appointed to the Nomination and Remuneration Committee, w.e.f 22.02.2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SURANASOLBombay Stock Exchange
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