Surana Telecom and Power Ltd. Announces 37th AGM on Sep 29, 2026, with E-voting
Surana Telecom and Power Ltd. will hold its 37th AGM on September 29, 2026, via VC/OAVM. The agenda includes adopting FY26 financial statements and re-appointing directors. Shri. Rangarajan Venkataramanan Thiruvaiyar will be re-appointed as Whole-Time Director for three years. Managing Director Shri. Mangilal Narender Surana's remuneration limit will be revised to ₹3 Crore per annum.
The announcement pertains to the Annual General Meeting, which is a standard corporate event. However, it includes significant items like director re-appointments, remuneration adjustments for key management personnel, and approval of related party transactions, which can have a medium-term impact on corporate governance and financial operations.
The announcement primarily concerns the scheduling and agenda of the Annual General Meeting, including routine corporate governance matters such as director re-appointments and remuneration adjustments. There are no significant positive or negative financial disclosures or business developments mentioned.
Surana Telecom and Power Limited has announced its 37th Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 11:00 AM IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
The agenda includes the adoption of audited financial statements for the financial year 2025-26, both standalone and consolidated. It also features the re-appointment of Shri. Rangarajan Venkataramanan Thiruvaiyar as a Director and Whole-Time Director for a further period of three years from August 9, 2026, to August 8, 2029. His remuneration will be ₹48,400 per month with an annual increment of up to 10%.
Furthermore, the AGM will seek approval for revising the total remuneration limit for Shri Mangilal Narender Surana, Managing Director, to ₹3,00,00,000 (Rupees Three Crore) per annum, effective October 1, 2026. Approval will also be sought for material related party transactions as detailed in the explanatory statement.
The cut-off date for voting on resolutions is Tuesday, September 22, 2026. Remote e-voting will commence on Saturday, September 26, 2026, at 9:00 a.m. IST and conclude on Monday, September 28, 2026, at 5:00 p.m. IST. The Register of Members and Share Transfer Books will remain closed from September 23, 2026, to September 29, 2026, inclusive, for the purpose of the AGM.
A plain-language summary of a public exchange filing by Surana Telecom and Power Limited. Read the original for the full detail.
