Telecanor Global Ltd - Business Review, Land Valuation

The Board of TELECANOR GLOBAL LIMITED in their meeting held today i.e, 10.12.2025 reviewed the business operations, expansion plans and other operational matters of the Company. The Board further considered and took note of the attached valuation report received from an independent professional valuer for the land owned by the Company. As per the report, the fair market value of the land is assessed at approximately Rs. 152.46 Crores.

The revaluation exercise was undertaken to obtain the true realizable value of the asset in view of the recent announcement by the Government of Andhra Pradesh regarding the establishment of a Google AI Centre in the same location/mandal where the Company's land is situated. These developments are expected to have a positive impact on the value and development potential of the property.

At an appropriate stage, the Company will evaluate and take suitable steps for the development of the land bank, aligned with its strategic and commercial objectives.

Shares of TELECANOR GLOBAL LTD. was last trading in BSE at Rs. 33.75 as compared to the previous close of Rs. 32.15. The total number of shares traded during the day was 325514 in over 324 trades.

The stock hit an intraday high of Rs. 33.75 and intraday low of 33.75. The net turnover during the day was Rs. 10986097.00.

Source : Equity Bulls

Keywords

TELECANORGLOBAL INE381G01013 BusinessReview LandValuation