Surana Solar Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Baunakar Shekarnath

Chief executive officer

₹329.1k

Total compensation

CEO salary percentage	94.7%
CEO tenure	1.3yrs
CEO ownership	n/a
Management average tenure	1.3yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Baunakar Shekarnath's remuneration changed compared to Surana Solar's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₹6m
Jun 30 2024	n/a	n/a	-₹12m
Mar 31 2024	₹329k	₹312k	-₹13m

Compensation vs Market: Baunakar's total compensation ($USD3.89K) is below average for companies of similar size in the Indian market ($USD42.62K).

Compensation vs Earnings: Insufficient data to compare Baunakar's compensation with company performance.

CEO

Baunakar Shekarnath (59 yo)

1.3yrs

Tenure

₹329,070

Compensation

Mr. Baunakar Shekarnath was Whole-Time Director of Surana Telecom and Power Ltd since January 9, 2014 until August 2, 2023. He serves as Additional Whole Time Director at Surana Solar Limited since August...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Baunakar Shekarnath	Additional Whole-Time Director	1.3yrs	₹329.07k	no data
Anicode Srinath	Chief Financial Officer	1.3yrs	₹209.00k	no data
Manish Surana	Director of Technical & Non-Executive Director	no data	no data	0.49% ₹ 11.5m
Vempati Venkata Nagasri Durga Sriramya	Company Secretary & Compliance Officer	less than a year	no data	no data

1.3yrs

Average Tenure

Experienced Management: 533298's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Baunakar Shekarnath	Additional Whole-Time Director	1.3yrs	₹329.07k	no data
Manish Surana	Director of Technical & Non-Executive Director	14.3yrs	no data	0.49% ₹ 11.5m
Narender Surana	Chairman	8.5yrs	no data	0.041% ₹ 962.5k
Devendra Surana	Non-Executive Director	16.6yrs	no data	0.19% ₹ 4.4m
N. Reddy	Additional Independent Director	3.4yrs	₹27.00k	no data
Sanjay Sanghi	Additional Independent Director	less than a year	no data	no data
Sanjana Jain	Additional Independent Woman Director	4.2yrs	₹39.00k	no data
Srinagesh Boorugu	Additional Non Executive Independent Director	1.3yrs	₹9.00k	no data

3.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 533298's board of directors are considered experienced (3.8 years average tenure).

Surana Solar Management

Management criteria checks 2/4

Key information

Recent management updates

Surana Solar Limited Announces Appointment of Vempati Venkata Nagasri Durga Raja Sriramya as Company Secretary and Compliance Officer

Surana Solar Limited Announces Retirement of Surender Reddy Ramasahayam as Non-Executive Independent Director

Chairman recently sold ₹2.7m worth of stock

Surana Solar Limited Approves the Appointment of Shri Sanjay Kumar Sanghi as an Independent Director

Surana Solar Limited Announces Reconstitution of Committees, Effective September 21, 2024

Surana Solar Limited, Annual General Meeting, Jul 22, 2024

Recent updates

Second quarter 2025 earnings released: EPS: ₹0.07 (vs ₹0.30 loss in 2Q 2024)

Surana Solar Limited Announces Appointment of Vempati Venkata Nagasri Durga Raja Sriramya as Company Secretary and Compliance Officer

Surana Solar Limited to Report Q2, 2025 Results on Oct 21, 2024

New minor risk - Share price stability

Surana Solar Limited Announces Retirement of Surender Reddy Ramasahayam as Non-Executive Independent Director

Chairman recently sold ₹2.7m worth of stock

Surana Solar Limited Approves the Appointment of Shri Sanjay Kumar Sanghi as an Independent Director

Surana Solar Limited Announces Reconstitution of Committees, Effective September 21, 2024

Surana Solar Limited to Report Q1, 2025 Results on Jul 17, 2024

Full year 2024 earnings released: ₹0.26 loss per share (vs ₹0.46 profit in FY 2023)

Surana Solar Limited, Annual General Meeting, Jul 22, 2024

New major risk - Share price stability

Full year 2024 earnings released: ₹0.26 loss per share (vs ₹0.46 profit in FY 2023)

Surana Solar Limited to Report Q4, 2024 Results on Apr 18, 2024

Third quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.006 in 3Q 2023)

Surana Solar Limited to Report Q3, 2024 Results on Jan 18, 2024

Second quarter 2024 earnings released: ₹0.30 loss per share (vs ₹0.02 profit in 2Q 2023)

Surana Solar Limited to Report Q2, 2024 Results on Nov 08, 2023

Less than half of directors are independent

Surana Solar Limited Appoints Boorugu Srinagesh as an Additional Director (Non Executive Independent Director)

Surana Solar Limited Appoints Boorugu Srinagesh as an Additional Director (Non Executive Independent Director)

Less than half of directors are independent

New minor risk - Profit margin trend

Surana Solar Limited Announces Designation of Shri. Manish Surana from Whole-Time Director to Non-Executive Non-Independent Director

First quarter 2024 earnings released: EPS: ₹0.05 (vs ₹0.39 in 1Q 2023)

Surana Solar Limited, Annual General Meeting, Sep 26, 2023

New minor risk - Share price stability

Surana Solar Limited to Report Q1, 2024 Results on Aug 02, 2023

Investor sentiment improves as stock rises 17%

SML Electricals India Pvt Ltd entered into an agreement to acquire the Wind Energy Business of Surana Solar Limited for INR 16 million.

Full year 2023 earnings released: EPS: ₹0.46 (vs ₹0.17 in FY 2022)

Surana Solar Limited to Report Q4, 2023 Results on May 27, 2023

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.06 in 3Q 2022)

Surana Solar Limited to Report Q3, 2023 Results on Feb 01, 2023

Second quarter 2023 earnings released: EPS: ₹0.02 (vs ₹0.03 in 2Q 2022)

Surana Solar Limited Appoints Yashita Pansari as Company Secretary and Compliance Officer

Surana Solar Limited to Report Q2, 2023 Results on Oct 31, 2022

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: ₹0.39 (vs ₹0.01 in 1Q 2022)

Surana Solar Limited, Annual General Meeting, Sep 28, 2022

Surana Solar Limited to Report Q1, 2023 Results on Aug 05, 2022

Full year 2022 earnings released: EPS: ₹0.17 (vs ₹0.043 in FY 2021)

Surana Solar Limited to Report Q4, 2022 Results on May 02, 2022

Tapaz Info Parks Holdings Pte. Ltd. agreed to acquire 5% stake in Surana Infotech Private Limited from Surana Solar Limited (BSE:533298).

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: EPS ₹0.03 (vs ₹0.07 in 2Q 2021)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Company Secretary & Compliance officer Swapna Gade has left the company

First quarter 2022 earnings released: EPS ₹0.01 (vs ₹0.04 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹0.04 (vs ₹0.12 in FY 2020)

Independent Non-Executive Director has left the company

Surana Solar Limited to Report Q3, 2021 Results on Jan 23, 2021

New 90-day high: ₹9.00

New 90-day high: ₹8.10

Second quarter 2021 earnings released: EPS ₹0.07

Insider recently bought ₹137k worth of stock

Surana Solar Limited Announces Board Changes

Insider recently bought ₹1.3m worth of stock

Surana Solar Limited to Report Q1, 2021 Results on Aug 08, 2020

First quarter earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team