Surana Telecom and Power incorporates wholly owned subsidiary [Power]
AI Summary1 min read
TL;DR
Surana Telecom and Power, originally incorporated in 1989 as Surana Petro Products, transitioned from petro products to telecom, becoming a public company in 1993 and changing its name in 1994 to reflect its primary telecom focus.
Tags
Power Generation/DistributionPower
Surana Telecom & Power Ltd. was incorporated as a private company on August 14, 1989 as Surana Petro Products Pvt. Ltd and was engaged in the business of manufacturing of petro products such as petroleum jelly and telecom products such as jointing kits. In 1992 the company ventured into the telecommunication sector with the production of jelly filled telephone cables. Thereafter, the company was converted into a public limited company on July 9, 1993. By 1994, telecom business became the primary business activity of the company and in order to reflect the same the name of the company was changed to Surana Telecom Ltd. on 05.08.1994.