M/S BSL Infrastructure Ltd Acquires Control of P.M. Telelinnks; Board Restructured Following Transaction Completion
On July 29, 2026, the Board of Directors of P.M. Telelinnks Ltd formalized a significant change in company control following the completion of a share purchase transaction. M/S BSL INFRASTRUCTURE LTD acquired controlling interest in the Target Company, establishing itself as the sole promoter.The acquisition involved the transfer of 48,38,733 Equity Shares, representing 48.03% of P.M. Telelinnks Ltd.'s paid-up equity share capital. The shares were acquired by Incoming AG Members (M/S BSL INFRASTRUCTURE LTD.) from Outgoing PG Members (including Mr. Gulab Chand Pukhraj Surana, Ms. Meena Surana, M/s. Kaveri (India) Limited, and other named members), at a price of INR 6.20 per share.
Following the transaction, M/S BSL INFRASTRUCTURE LTD. acquired control over the company, making it the sole promoter in accordance with applicable laws. The Outgoing Promoters, who no longer hold any equity shares, ceased to be members of the promoter group.
Board Appointments and Personnel Changes
The meeting saw several key appointments and resignations across both the board and key managerial personnel (KMP). All changes were recorded effective July 29, 2026.New Board Appointments
Four directors were appointed to the Board based on recommendations from the Nomination and Remuneration Committee:| Name | Category | Status |
|---|---|---|
| Mr. Neerav Hans | Additional Director (Chairman) | Non-Executive Director |
| Mr. Hariom Parkash | Additional Director | Whole Time Director and Chief Executive Officer |
| Kawal Singh | Additional Director | Non-Executive Independent Director |
| Kritika Gupta | Additional Director | Non-Executive Independent Director |
Board Resignations
Four directors resigned from the board consequent to the transaction:- Mr. Patlolla Laxmi Kanth Reddy (Independent Director)
- Mr. Sripal Dadigala (Independent Director)
- Mr. Ravi Surana Pukhraj (Managing Director)
- Mrs. Venkata Surya Sri Lakshmi Malapaka (Non-Executive Director)
Key Management Personnel Changes
The Board also recorded the resignation of two KMPs: Mr. Ravi Surana Pukhraj (CEO) and Mr. Dipin Surana (CFO).To support the new management structure, the Board appointed the following personnel with immediate effect:
- Mr Niraj Agarwal as CFO.
- Mr. Hariom Parkash as CEO.
The restructuring confirms M/S BSL INFRASTRUCTURE LTD.’s position as the sole promoter and controlling entity of P.M. Telelinnks Ltd. following the acquisition.
Stock Price Movement
P.M. Telelinnks Ltd shares settled at ₹14.12 on Monday, reflecting no movement across the close of trading. The stock was completely flat throughout the session, as its intraday high and low remained locked at the same price point.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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