AVANTELNSEAvantel LimitedLowNeutral
Announced Wed, 24 Jun · 18:48 IST

AGM 2026 results: all 9 resolutions passed, final dividend Re 0.20 declared

AVANTEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹170.00
prior close
₹171.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-1.8-1.6-1.9+0.4+5.6+5.6+6.0+4.7+4.9-0.1-3.0
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AI summary

Avantel Limited held its 36th AGM on June 24, 2026 via video conferencing. All 9 resolutions were approved by shareholders, including adoption of audited financial statements for FY26, a final dividend of Re 0.20 per equity share (face value Rs 2), re-appointment of director Mrs Abburi Sarada and statutory auditors M/s Grandhy & Co, appointment of two independent directors, increase in borrowing limits, creation of charges on company assets, and ratification of cost auditor remuneration. Around 42.45% of shares were polled, with all resolutions securing over 99% support.

Likely market impact

Final dividend of Re 0.20 per share confirmed for FY26; higher borrowing limit and board changes approved by shareholders.