Avantel Ltd

Avantel Other Announcement

Avantel dispatched Reg 36(1)(b) letters to shareholders without registered emails, providing a web link to the Postal Ballot notice. The letter facilitates email registration for remote e-voting.

Avantel Acquisition

Avatel's board approved absorbing wholly-owned subsidiary Imeds Global Private Limited into the parent company. No cash consideration or new shares are involved in the merger.

Avantel Management Change

Avantel appointed Mr. Nimmagadda Sreenivasa Rao as Executive Director for 36 months, effective 26 October 2026. He previously led the company's R&D as VP-Technical.

Avantel Merger & Restructuring

Avantel's board approved merging wholly-owned subsidiary Imeds Global into the parent, subject to NCLT sanction. A Technical Director was also appointed for three years.

Avantel Q2 FY27 Results: Net Profit ₹6.8 Cr, Up 58.1% YoY

Avantel Ltd reported revenue from operations of ₹74.4 Cr (+34.3% YoY) and net profit of ₹6.8 Cr (+58.1% YoY) for Q2 FY27.

Key figure

Net profit ₹6.8 Cr · +58.1% YoY

Avantel Annual General Meeting

Avantel's shareholders passed the special resolution to alter the MOA objects clause via postal ballot. The result was approved with 99.98% of votes cast in favour.

Avantel Other Announcement

Avantel Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026. The filing notes an increase in equity shares due to ESOP exercises.