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Info-Tech - Mergers & Acquisitions


Suranas up stake in Surana Telecom

Our Bureau

Hyderabad, March 16

Surana Telecom Ltd has informed the NSE that Mr Devendra Surana, Director, and its promoters have acquired additional shares of Surana Telecom Ltd during the period March 04, 2006, and to March 14, 2006, from the open market. With this, the shareholding of Mr Devendra Surana has aggregated to 28,20,821 equity shares aggregating to 12.48 per cent of the total share capital of Surana Telecom Ltd. The company also informed that Mrs Sunita Surana, Promoter, has acquired 20,821 shares of Surana Telecom Ltd during November 30, 2005 and to March 14, 2006, and her shareholding aggregated to 3,02,416 shares.

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