Surana Solar Ltd

Key management change

• Appointment of Buvankar Shekarnath as Chief Financial Officer (KMP) effective 25 July 2026.
• Tenure is not applicable; appointment is a new KMP designation.
• Brief profile: Postgraduate in Commerce; over 30 years with the Group; experience in ferrous, telecom, solar PV modules.
• Disclosure of relationships: No pecuniary relationship with the Company except remuneration.
• Effective date and designation: 25 July 2026; designated as Key Managerial Personnel.
• Reason for change: Appointment as CFO.
• No term specified; tenure not applicable.
• Impact on board/composition: CFO designated as KMP.

CFO Appointment

• Appointment of Buvankar Shekarnath as Chief Financial Officer (KMP) effective 25 July 2026.
• Reason: appointment to fill CFO role.
• Profile: Commerce postgraduate; 30+ years with the Group; experience in ferrous, telecom, solar PV.
• Relation: No pecuniary relationship with the Company beyond remuneration.
• Date of appointment: 25 July 2026; Tenure: Not Applicable.
• Designation: CFO and KMP.

Board actions

• Approved unaudited Q1 FY2026-27 results for quarter ended 30 June 2026.
• Appointed Buvankar Shekarnath as CFO, effective 25 July 2026.
• Approved HILTP land conversion for Phase-II IDA Cherlapally property; 10% fee paid, balance due.

Financial highlights

• Revenue from operations Rs 1,715.06 Lakhs; total income Rs 2,350.60 Lakhs for quarter ended 30 June 2026.
• Profit before tax Rs 637.07 Lakhs; profit after tax Rs 544.07 Lakhs.
• Audit Committee reviewed results; statutory auditors performed Limited Review.

Regulatory & disclosures

• Results prepared in IND AS and disclosed under SEBI Regulations 2015.

Financial results

• Approved unaudited Q1 FY2026-27 results for quarter ended 30 June 2026.
• Total income 2,350.60 Lakhs; revenue from operations 1,715.06 Lakhs; other income 635.54 Lakhs.
• Profit after tax 544.07 Lakhs; basic EPS 1.11.

CFO appointment

• Buvankar Shekarnath appointed Chief Financial Officer, effective 25 July 2026.

Land conversion under HILTP

• Approved HILTP land conversion for Phase-II IDA Cherlapally to multi-use development.
• Land area 14,671 sq yards (12,267.99 sq metres); 10% conversion fee paid.
• Balance conversion fee payable by applicant; land at Phase-II IDA Cherlapally, Telangana.

Board meeting and governance notes

• Board meeting held 11:00 AM to 11:30 AM; results reviewed by Audit Committee.

Meeting Details

• Date: 25 July 2026; time and venue not disclosed.

Key Agenda Items

• Un-audited financial results for quarter ended 30 June 2026 to be considered and approved.

Other Notes

• No trading window closure period mentioned in this filing.

RTA compliance update

• RTA certified Reg 74(5) compliance for the reporting period.
• Details of dematerialisation/rematerialisation furnished to all stock exchanges.

Surana Solar Ltd: Trading window closed from 01 July 2026 until 48 hours after declaration of financial results for the quarter ended 30 June 2026