Announced Wed, 24 Jun · 19:12 IST
Avantel: 2 Independent Directors Appointed, Auditor Re-appointed at AGM
Management Changes View source PDF
AVANTEL · price
▲ 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——
Up moveDown movePending
AI summary
At Avantel's 36th AGM on June 24, 2026, shareholders approved three items: re-appointment of Grandhy and Co as Statutory Auditors for a second 5-year term until FY 2030-31; appointment of Dr. Tamilmani Kandasamy, former DRDO Director General (Aeronautics), as Independent Director for 5 years; and appointment of Mr. Lakshminarasimha Acharyulu Muktevi, ex-CEO of Karaikal Port, as Independent Director for 5 years from April 26, 2026 to April 25, 2031.
Likely market impact
Routine AGM governance. Board strengthened with strong defence and corporate leadership experience. No immediate financial impact.