Surana Solar Limited

Annual Returns

asof: 2026-09-19

Seasonality in solar generation: Seasonal fluctuations may affect solar radiation generation and, consequently, revenue.
Volatile market conditions: Management expects volatile market conditions to persist.

Diversification into AI and digital infrastructure: The company is expanding into Artificial Intelligence (AI) Data Centres, data centres and allied digital and technology infrastructure, including cloud computing, high-performance computing, GPU computing, and data storage.
Memorandum of Association amendment: The board approved an alteration to the Objects Clause to enable the company to undertake and explore these AI data centre and allied technology business opportunities.
Proposed land sale: The board considered a proposal to sell land at Raviryala Village, with further details to be disclosed as material progress occurs.
Long-term fixed tariff PPAs: Management expects to emerge successfully with better turnover and profits due to fixed tariff power purchase agreements (PPAs) for the long term.

Seasonal revenue variability: Fluctuations in solar radiation generation tied to seasons may affect revenue.
Volatile market conditions: Management anticipates sustained volatile market conditions.
Execution and approval dependencies: The AI data centre diversification and land sale remain subject to approvals, including shareholder approval for material related-party transactions and the Memorandum of Association amendment at the 20th Annual General Meeting.

Guidance: Management expects to sustain volatile market conditions and emerge successfully in terms of better turnover and profits due to fixed tariff PPAs for the long term.
Guidance: Management stated that the proposed alteration of the Objects Clause is intended to enable the company to undertake and explore business opportunities relating to AI Data Centres and allied technology infrastructure, and that further details regarding the proposed land sale will be disclosed as material progress occurs.
Observed developments: The board approved the Notice of the 20th Annual General Meeting to be held on September 28, 2026; fixed September 21, 2026, as the cut-off date for e-voting; closed the Register of Members from September 22 to September 28, 2026; appointed Mrs. Rakhi Agarwal as Scrutinizer; appointed Shri Buvankar Shekarnath as Additional Director cum Whole-time Director for three years starting August 29, 2026; considered a proposal to sell land at Raviryala Village; and approved adding new objects to the Memorandum of Association for AI and data centre business activities.