SURANAT&PBSESurana Telecom and Power LtdMediumNeutral
Announced Tue, 19 May · 16:59 IST

Reappointment of Shri. Rangarajan Venkataramanan Thiruvaiyar as a Whole-Time Director of the Company.

Management Changes View source PDF

SURANAT&P · price

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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹18.55
prior close
₹18.97
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-0.8-0.4-0.3+0.6-1.5-3.4-2.9-1.5-1.0-2.2-2.4+6.2-4.7
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AI summary

Surana Telecom and Power Limited has announced the reappointment of Shri. Rangarajan Venkataramanan Thiruvaiyar (DIN: 08749253) as Whole-Time Director for a further period of three years, effective from 09th August 2026. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. Shri. Thiruvaiyar is a Commerce graduate with approximately 40 years of association with the company and has extensive experience in ferrous and telecom industries with expertise in business and financial management. The Board, based on the recommendation of the Nomination and Remuneration Committee, approved this reappointment at its meeting held on 19th May 2026. The company has confirmed that the director is not debarred from holding the office by any regulatory authority.

Likely market impact

This is a routine corporate governance update confirming continuity in the board's leadership. The reappointment of an experienced Whole-Time Director is a positive signal for operational stability, though it carries no immediate material impact on the stock.