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 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
Avantel Limited
AVANTEL board recommended a final dividend of Re.0.20 per equity share (10%) for FY26. This dividend, subject to shareholder approval at the AGM on June 24, 2026, will have a record date of June 12, 2026, and be paid by July 20, 2026.
Apr 26 2026 15:04:00
Avantel Limited
AVANTEL board recommended a final dividend of Re.0.20 per equity share (10%) for FY26. This dividend, subject to shareholder approval at the AGM on June 24, 2026, will have a record date of June 12, 2026, and be paid by July 20, 2026.
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 13:04:00
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 13:04:00
Read More