Avantel Limited
Avantel Limited received an amended purchase order from Bharat Electronics Limited for the supply of Power Amplifiers, adding Rs.3.01 crores to the existing Rs.8.03 crores order. The total contract value is now Rs.11.04 crores and will be executed by July 2026.
May 05 2026 15:05:00
Avantel Limited
Avantel Limited's Chairman & MD, Dr. Abburi Vidyasagar, has donated 60 lakh equity shares to Lakshmee Foundation. This donation, representing 25% of the company's total equity, will support the foundation's healthcare philanthropic initiatives.
May 05 2026 12:05:00
Avantel Limited
Avantel Limited has set June 12, 2026, as the record date for a final dividend of Re.0.20 per equity share (10%) for the financial year 2025-26. This dividend is subject to approval at the upcoming AGM.
Apr 27 2026 19:04:00
Avantel Ltd - 532406 - Corporate Action-Board approves Dividend
Avantel set June 12, 2026, as the record date for its final dividend of Re.0.20 per equity share for FY2025-26. This dividend, representing 10% of the Rs. 2 face value, is payable upon AGM approval.
Apr 27 2026 18:04:00
Avantel Limited
Avantel Limited board recommended a final dividend of ₹0.20 per equity share (10%) for FY2025-26. This dividend, subject to shareholder approval at the upcoming AGM, will be paid to eligible shareholders with a record date of June 12, 2026.
Apr 27 2026 18:04:00
Avantel Limited
Avantel Limited submitted its Q4 FY26 Monitoring Agency Report for the Rs. 80.91 crore Rights Issue funds, indicating appropriate utilization but noting timeline deviations for certain objects. Funds allocated for GSaaS infrastructure were redirected towards GSaaS antenna procurement for NSIL orders due to regulatory uncertainty.
Apr 26 2026 17:04:00
Avantel Limited
Avantel's Board of Directors appointed Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Additional Non-Executive Independent Directors for a five-year term. The board also reconstituted its Audit, Nomination & Remuneration, Stakeholders Relationship, and Corporate Social Responsibility Committees. M/s. Grandhy & Co. was re-appointed as Statutory Auditors for five consecutive years, along with M/s. MPR & Associates as Cost Auditor and M/s. Ramesh & Co. as Internal Auditor until FY27.
Apr 26 2026 16:04:00
Avantel Limited
Avantel's Board of Directors appointed Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Additional Non-Executive Independent Directors for a five-year term. The board also reconstituted its Audit, Nomination & Remuneration, Stakeholders Relationship, and Corporate Social Responsibility Committees. M/s. Grandhy & Co. was re-appointed as Statutory Auditors for five consecutive years, along with M/s. MPR & Associates as Cost Auditor and M/s. Ramesh & Co. as Internal Auditor until FY27.
Apr 26 2026 15:04:00
Avantel Limited
Avantel's Board of Directors appointed Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Additional Non-Executive Independent Directors for a five-year term. The board also reconstituted its Audit, Nomination & Remuneration, Stakeholders Relationship, and Corporate Social Responsibility Committees. M/s. Grandhy & Co. was re-appointed as Statutory Auditors for five consecutive years, along with M/s. MPR & Associates as Cost Auditor and M/s. Ramesh & Co. as Internal Auditor until FY27.
Apr 26 2026 15:04:00
Avantel Limited
Avantel Ltd board approved the appointment of two Non-Executive Independent Directors, Dr. K. Tamilmani and Mr. Lakshminarasimha Acharyulu Muktevi, for 60 months each. Additionally, the board appointed M/s. Grandhy & Co. as Statutory Auditors for 60 months, M/s. Ramesh & Co. as Internal Auditors for 12 months, and M/s. MPR & Associates as Cost Auditors for 12 months.
Apr 26 2026 15:04:00
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