AVANTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Avantel Ltd has released its 36th Annual Report for FY 2025-26. The 36th AGM is scheduled for June 24, 2026 at 11:00 AM IST via Video Conferencing. The company proposes a final dividend of Rs. 0.20 per equity share (face value Rs. 2) with record date June 12, 2026. Key agenda items include appointment of two new Independent Directors (Dr. Tamilmani Kandasamy and Mr. MLN Acharyulu effective April 26, 2026), re-appointment of Statutory Auditors M/s Grandhy & Co. for 5 years, and increase in borrowing limits to Rs. 350 Crore. Remote e-voting will be open from June 21-23, 2026.
Shareholders can expect dividend payouts and participate in voting on board appointments and increased borrowing powers. The expansion of borrowing limits to Rs. 350 Crore may indicate future growth plans or working capital needs.