Updates on Outcome of Board Meeting

| Updated on February 11, 2015 Published on February 11, 2015

Surana Solar Ltd has informed BSE that in view of growth potential in the filed of LED, the Company proposes to enter into a new line of business for manufacturing of LED Bulbs and LED Tubes of an initial capacity of 10,00,000 Units with an established entity in the market.

The Board at their meeting held on February 11, 2015 approved that the Company shall hold 62.50% equity with an initial outlay of Rs. 5 Crores. The above said business is expected to achieve a turnover of Rs. 4000 lakhs in the 2nd year of operation.

Source : BSE - >www.bseindia.com

Published on February 11, 2015
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