Surana Telecom and Power Sets 37th AGM and Leadership Changes

AGM Date: September 29, 2026 | Proposed MD Remuneration: Rs 3 crore per annum

Reader Takeaway: AGM scheduling and leadership transition bring governance updates, while MD pay revision awaits final shareholder approval.

What just happened

Surana Telecom and Power Ltd has officially called its 37th Annual General Meeting (AGM), set to take place via video conferencing on September 29, 2026. Alongside the meeting notification, the company announced a leadership transition within its secretarial department. Ms. Arcot Ganeshan Monisha has resigned as Company Secretary and Compliance Officer, effective September 5, 2026. Mr. Ankit Pansari has been appointed to succeed her, effective September 6, 2026.

Managing Director Remuneration

The Board has approved an upward revision of the annual remuneration for Managing Director Mangilal Narender Surana. The package will increase from the current Rs 2 crore per annum to Rs 3 crore per annum, effective October 1, 2026. This adjustment remains subject to the formal approval of shareholders during the upcoming AGM.

Key AGM Dates

Shareholders should track the following timeline for upcoming voting requirements:

• E-voting Cut-off Date: September 22, 2026
• Book Closure Period: September 23, 2026, to September 29, 2026

What this means for investors

These filings are primarily administrative in nature. The transition in the Company Secretary role ensures continuity in compliance functions. The proposed increase in executive compensation, while a significant shift, follows standard corporate governance protocols, requiring a thumbs-up from the company's investors during the meeting later this month.