Avantel Ltd (AVANTEL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Avantel Ltd on NSE and BSE, with an AI summary of each filing.
Intimation of Notice of Postal Ballot
Others (Uncategorized) · 29 Oct 2026, 5:46 pm
Avantel Dispatches Postal Ballot Communication and Outlines Remote E-Voting Schedule Avantel Limited has dispatched physical intimations to shareholders lacking registered email addresses regarding its Postal Ballot Notice dated 26th Oct'26, pursuant to SEBI regulations. Voting entitlement is determined as of the cut-off date on 23rd Oct'26. The remote e-voting window commences on 31st Oct'26 at 09:00 AM IST and concludes on 29th Nov'26 at 05:00 PM IST. Results will be declared on or before 1st Dec'26. Shareholders are urged to update KYC and email details via KFin Technologies or their depository participants.
Announcement under Reg.30 - Appointment
Change in Management · 26 Oct 2026, 8:49 pm
Avantel Board Approves Wholly Owned Subsidiary Merger and Key Director Appointment Avantel Limited's Board approved the merger of its wholly owned subsidiary, Imeds Global Private Limited (FY26 revenue of Rs. 160.32 Lakhs, net worth of Rs. 2,182.83 Lakhs), into Avantel (FY26 revenue of Rs. 22,135.23 Lakhs, net worth of Rs. 35,650.45 Lakhs), subject to NCLT Amaravati approval. As a wholly owned subsidiary merger, no shares or cash will be issued, leaving shareholding unchanged. Additionally, the Board appointed Nimmagadda Sreenivasa Rao as Additional Director (Technical) for three years effective 26th Oct'26 to 25th Oct'29, subject to shareholder approval.
Intimation under Reg.30 - Restructuring
Others (Uncategorized) · 26 Oct 2026, 8:34 pm
Avantel Approves Merger of Wholly Owned Subsidiary and Board Appointment Avantel Limited's board approved the merger of its wholly owned subsidiary, Imeds Global Private Limited, into itself on 26th Oct'26, subject to NCLT Amaravati Bench and statutory approvals. As Imeds is a wholly owned subsidiary, no cash consideration or shares will be issued, leaving Avantel’s shareholding unchanged. For the year ended 31st Mar'26, Imeds reported revenue of ₹1.60 crore and net worth of ₹21.83 crore. Additionally, the board approved the appointment of Mr. Nimmagadda Sreenivasa Rao as Director (Technical) for three years through 25th Oct'29.
Results for the quarter and half year ended on September 30, 2026
Financial Result · 26 Oct 2026, 8:23 pm
Avantel Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 26 Oct 2026, 8:16 pm
Avantel Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 7,442 (+34.3% YoY | +5.7% QoQ) ■ EBITDA: 2,085 (+84.2% YoY | +19.6% QoQ) ■ EBITDA Margin (%): 28.0 (+759 bps YoY | +326 bps QoQ) ■ PAT: 681 (+59.6% YoY | +26.2% QoQ) ■ EPS (INR): 0.26 (+73.3% YoY | +30.0% QoQ) Avantel Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) Segmental Performance Communications and signal processing products ■ Revenue: 7,412 (+32.3% YoY | +5.5% QoQ) ■ EBIT: 1,117 (+37.6% YoY | +2.3% QoQ) ■ EBIT Margin (%): 15.1 (+58 bps YoY | -48 bps QoQ) Health Care ■ Revenue: 60.5 (+105.5% YoY | +99.2% QoQ) ■ EBIT: -154 (+19.0% YoY | +30.6% QoQ) ■ EBIT Margin (%): -255 (+39194 bps YoY | +47723 bps QoQ)
Outcome of the Board Meeting held on October 26, 2026
Outcome · 26 Oct 2026, 8:14 pm
Amendments to Memorandum of Association
Others (Uncategorized) · 23 Oct 2026, 9:09 pm
Avantel Shareholders Approve Expansion of Main Objects via Postal Ballot Avantel Limited announced on 23rd Oct'26 that shareholders approved alterations to its Memorandum of Association via postal ballot. The amendment significantly broadens the company's Main Objects clause to enter new high-growth sectors, including medical devices and digital healthcare, satellite and space technologies, conventional and renewable energy systems, electronics manufacturing services (EMS), semiconductor microelectronics packaging and RF modules, as well as AI, machine learning, data centers, and advanced digital software solutions. The approvals position Avantel to target commercial, defense, and public-sector opportunities across these diversified technology domains.
Receipt of Purchase Order worth of Rs.12.04 Cr
Others (Uncategorized) · 10 Oct 2026, 3:43 pm
Avantel Secures ₹12.04 Crore Order from Larsen & Toubro Avantel Limited has secured a domestic purchase order valued at ₹12.04 Cr (inclusive of applicable taxes) from Larsen & Toubro Limited. The contract entails providing comprehensive annual maintenance services for Satcom equipment. Awarded on 9th Oct'26, the service contract is scheduled for full execution by Oct'28. The transaction does not involve related-party interests.
Intimation of Credit Rating
Others (Uncategorized) · 08 Oct 2026, 8:46 pm
Acuité Reaffirms and Assigns Ratings for Avantel's Bank Facilities Acuité Ratings & Research reaffirmed Avantel Limited’s long-term rating at 'ACUITE A-' and short-term rating at 'ACUITE A2+' for Rs. 134.50 Cr. bank facilities with a 'Stable' outlook on 8th Oct'26. Additionally, the agency assigned an identical rating of 'ACUITE A-' (long-term) and 'ACUITE A2+' (short-term) with a 'Stable' outlook to an additional Rs. 124.44 Cr. bank facilities, reinforcing the company's steady credit profile.
AVANTEL LIMITED has informed the Exchange about Board Meeting to be held on 26-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 26 Oct 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 26 Oct 2026, 5:30 am
Avantel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve the Unaudited Financial Results of ....
Intimation · 26 Oct 2026, 5:30 am
Avantel Board Meeting Scheduled on 26th Oct'26 to Consider Q2 Results Avantel Limited has scheduled a Board of Directors meeting on 26th Oct'26 to consider and approve the unaudited financial results for the quarter and half-year ended 30th Sep'26. Additionally, the trading window for dealing in company securities has been closed from 1st Oct'26 and will reopen 48 hours after the declaration of the financial results, in compliance with SEBI insider trading regulations.
Receipt of Contract worth of Rs.6.02 Cr
Others (Uncategorized) · 01 Oct 2026, 6:14 pm
Avantel Secures Defence AMC Contract Worth Rs.6.02 Crores Avantel Limited received a domestic service contract dated 30th Sep'26 valued at Rs.6.02 Crores (inclusive of taxes) from the Directorate of Electrical Engineering, Naval Head Quarters, Ministry of Defence. The contract encompasses Comprehensive Annual Maintenance (CAMC) of Satcom Equipment and is scheduled for execution by Sep'29. The order is awarded by a domestic entity, does not involve promoter interest, and does not fall under related party transactions.
Receipt of Purchase Order
Others (Uncategorized) · 23 Sept 2026, 9:15 pm
Avantel Secures ₹177.35 Crore Satellite Equipment Purchase Order from Zetwerk Avantel Limited has secured a firm domestic purchase order valued at ₹177.35 crore (inclusive of taxes) from Zetwerk Manufacturing Businesses Limited. The manufacturing contract entails the supply of Satellite Communication Equipment along with a one-year comprehensive onsite warranty, executed under a prior Rate Contract dated 25th Mar'26. The purchase order, dated 22nd Sep'26, is scheduled for complete execution by Mar'27. The transaction does not involve any promoter group interest or related-party exposure.
Intimation to non-email holders
Others (Uncategorized) · 22 Sept 2026, 8:18 pm
Avantel Dispatches Postal Ballot Communication to Non-Registered Email Shareholders Avantel Limited dispatched communications to shareholders whose email addresses are not registered with the company, DP, or RTA (KFin Technologies) regarding its Postal Ballot notice dated 18th Sep'26. The postal ballot will be conducted exclusively through remote e-voting, which opens on 23rd Sep'26 at 09:00 AM IST and closes on 22nd Oct'26 at 05:00 PM IST. The cut-off date to determine shareholder voting entitlement was 18th Sep'26. Unregistered physical and demat shareholders have been requested to update their email records.
Intimation under Reg.30 (LODR)
Others (Uncategorized) · 18 Sept 2026, 9:05 pm
Avantel Approves Wholly Owned Subsidiary Merger and Object Clause Expansion Avantel's board approved the merger of its wholly owned subsidiary, Imeds Global, into itself on 18th Sep'26. For the year ended 31st Mar'26, Imeds recorded revenue of ₹160.32 lakh and net worth of ₹2,182.83 lakh, compared to Avantel's ₹22,135.23 lakh revenue and ₹35,650.45 lakh net worth. No cash or shares will be issued, leaving shareholding unchanged. Additionally, the board approved altering its Memorandum of Association via postal ballot to expand into medical devices, satellites, energy systems, semiconductor assemblies, and AI technologies.
Amendments to MoA
Others (Uncategorized) · 18 Sept 2026, 9:00 pm
Avantel Approves MoA Expansion Across High-Tech Sectors and Subsidiary Merger Avantel’s Board on 18th Sep'26 approved altering its Memorandum of Association via postal ballot to expand into medical devices, satellite systems, energy storage, electronics manufacturing, semiconductors, and artificial intelligence. Additionally, the Board approved the merger of wholly owned subsidiary Imeds Global Private Limited (FY26 revenue ₹160.32 Lakhs; net worth ₹2,182.83 Lakhs) into Avantel (FY26 revenue ₹22,135.23 Lakhs; net worth ₹35,650.45 Lakhs) to rationalize group structure and optimize operations. No cash consideration or new shares will be issued, leaving the shareholding pattern unchanged.
Avantel Limited has informed the Exchange regarding Outcome of Board Meeting held on September 18, 2026.
Outcome · 18 Sept 2026, 8:54 pm
Outcome of the Board Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Outcome · 18 Sept 2026, 8:53 pm
Avantel Board Approves Subsidiary Merger and MOA Expansion Avantel's board on 18th Sep'26 approved the merger of wholly owned subsidiary Imeds Global Pvt Ltd (FY26 revenue of ₹160.32 lakh and net worth of ₹2,182.83 lakh) into Avantel (FY26 revenue of ₹22,135.23 lakh and net worth of ₹35,650.45 lakh). No cash or shares will be issued, leaving Avantel's shareholding unchanged. Additionally, the board approved altering the Memorandum of Association via postal ballot to expand into medical devices, space systems, energy technologies, electronics manufacturing services, microelectronics, and AI/digital solutions.
Allotment of ESOP
Others (Uncategorized) · 15 Sept 2026, 5:36 pm
Avantel Allots 65,016 Equity Shares Under ESOP 2023 Avantel Limited’s ESOP Allotment Committee approved the allotment of 65,016 equity shares (face value Rs.2 each) on 15th Sep'26 under the ESOP 2023 scheme. The issue comprises 9,200 shares allotted at an exercise price of Rs.50 per share (Rs.48 premium) and 55,816 shares at Rs.53 per share (Rs.51 premium). Following this allotment, paid-up equity share capital increased from Rs.53,14,21,700 (26,57,10,850 shares) to Rs.53,15,51,732 (26,57,75,866 shares). The newly allotted shares rank pari passu with existing equity shares.
AVANTEL LIMITED has informed the Exchange about Board Meeting to be held on 18-Sep-2026 to consider Amalgamation.
Intimation · 13 Sept 2026, 1:56 am
Notice of Board Meeting under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Intimation · 13 Sept 2026, 1:52 am
Avantel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/09/2026 ,inter alia, to consider and approve the Scheme of Merger of M/s. Imeds ....
Intimation · 13 Sept 2026, 1:51 am
Avantel Board to Consider Merger of Wholly Owned Subsidiary Imeds Global Avantel Limited announced that its Board of Directors will meet on 18th Sep'26 to consider and approve a Scheme of Merger of its wholly owned subsidiary, Imeds Global Private Limited, into the parent entity. In compliance with insider trading regulations, the trading window for dealing in Avantel’s securities is closed from 13th Sep'26 until 48 hours following the declaration of the board meeting outcomes.
Intimation of receipt of Contract
Others (Uncategorized) · 29 Aug 2026, 9:54 pm
Avantel Secures Significant Defence Contract from DRDO Avantel has received a contract worth ₹117.88 crore (inclusive of taxes) from the Defence Research and Development Organisation (DRDO) dated 29 Aug'26. The domestic order is for the development, installation, and commissioning of a Ground Segment Hub for voice and data communication. The project is scheduled for execution by Feb'29 and includes a 36-month warranty period. This contract represents a significant order win for the company in the high-entry-barrier defence communication segment, providing strong revenue visibility.
General Updates
Others (Uncategorized) · 17 Aug 2026, 10:33 pm
Avantel Approves Key Board Appointments and Re-appointments On Aug 16, '26, Avantel members approved key board changes via postal ballot. Mr. Abburi Siddhartha Sagar was re-appointed as Executive Director (Strategy & Business Development) for a five-year term from Mar 8, '27, to Mar 7, '32. Mr. Peddi Bala Bhaskar Rao was appointed Director (Operations) for a three-year term starting Jul 11, '26. Mr. Vyasabhattu Ramchander was re-appointed as an Independent Director for a second five-year term commencing May 6, '27. These appointments reinforce leadership continuity and operational management.