Hyderabad, February 4, 2025 – Surana Telecom and Power Ltd. (NSE: SURANAT&P, BSE: 517530) has announced the appointment of Mr. Advait Surana (DIN: 08971109) as an Additional Director (Non-Executive) on its Board, effective February 3, 2025. The appointment was approved at the Board of Directors' meeting held on the same date.
Key Appointment Details
| Particulars | Details |
|---|---|
| Reason for Change | Appointment as Additional Director (Non-Executive) |
| Date of Appointment | February 3, 2025 |
| Term of Appointment | Up to the ensuing Annual General Meeting |
| Brief Profile | Mr. Advait Surana holds a Commerce degree and has experience in business and financial management. He has served in various capacities, including Director, Individual Promoter, Whole-time Director, and Additional Director in other companies. |
| Relationship Disclosure | He is related to the Managing Director of the company. |
Regulatory Compliance
The appointment adheres to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further, in compliance with BSE Circular No. List/Comp/14/2018-19 (dated June 20, 2018) regarding the enforcement of SEBI Orders on director appointments, the company confirmed that Mr. Advait Surana is not debarred by SEBI or any other regulatory authority from holding a directorial position.This strategic appointment is expected to strengthen the company’s leadership and enhance its financial and business expertise.
