Surana Solar to make LED bulbs, tubes

Surana Solar, has announced that it is getting into the manufacture of LED bulbs and tubes with an initial capacity of 10 lakh units. In a statutory filing on the board meeting, the company said it proposes to enter the new line of business with an established entity in the market. The board approved a proposal under which the company would hold 62.50 per cent equity with an initial outlay of Rs.5 crore.

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