Surana Solar's board has approved the divestment of a 49% equity stake in its subsidiary, Surana Technologies, to Baidyanath Power Private Limited. The transaction, valued at Rs 2.03 crore, will be completed by May 30, 2025. Surana Technologies, which is involved in a 54 MW solar power project in Maharashtra, will no longer be a wholly-owned subsidiary but will remain a part of Surana Solar.
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