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Surana Solar Ltd invests in Surana Infotech Pvt Ltd

Posted On: 2021-10-22 18:09:25 (Time Zone: IST)


Surana Solar Ltd had earlier announced regarding the proposal for equity investment in equity shares of M/s. Surana Infotech Private Limited, a Group Company. The Company has acquired 5% of equity shares consisting of 50,000 equity shares at fair value of Rs.10/- each aggregating to an amount of Rs.5,00,000/- by way of purchase of equity shares from Mrs. Nikita Surana and the said transaction was completed on 20th October, 2021.

Surana Infotech Private Limited (SIPL) has acquired an IT property from HCL Infosystems Private Limited consisting of 15.81 Acres of land with built up area of 93,157 sq.ft. located at Hardware Park, Maheswaram Mandal, Hyderabad. SIPL is engaged in the business of providing IT / ITES services, which will add value to the shareholders of the Company.

Shares of Surana Solar Limited was last trading in BSE at Rs. 20.04 as compared to the previous close of Rs. 21.09. The total number of shares traded during the day was 5091 in over 75 trades.

The stock hit an intraday high of Rs. 20.04 and intraday low of 20.04. The net turnover during the day was Rs. 102023.00.


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