AGM 2026 results: all 9 resolutions passed, final dividend Re 0.20 declared
AVANTEL · price
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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.
Final dividend of Re 0.20 per share confirmed for FY26; higher borrowing limit and board changes approved by shareholders.