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Board of Surana Telecom and Power approves sub-division of shares

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Capital Market

At meeting held on 22 September 2014

Surana Telecom and Power announced that the Board of Directors of the Company at its meeting held on 22 September 2014, inter alia, has transacted the following:

1. Approved the Sub-Division of Equity Shares of Rs. 5 each into 5 Equity Shares of Rs. 1/- (Rupee Only only) each, subject to the approval of the members and other regulatory bodies.

2. Accepted the Resignation of Lakshman Raju Racherla as Chief Financial Officer of the Company w.e.f. 16 September 2014.

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First Published: Sep 22 2014 | 7:30 PM IST

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