Announced Wed, 24 Jun · 19:24 IST
Avantel: Independent Director Myneni Narayana Rao completes tenure
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
Mr. Myneni Narayana Rao (DIN: 00577494) has ceased to be an Independent Director of Avantel Limited effective close of business on June 24, 2026, after completing his second consecutive term. The company clarified this is due to tenure completion and not resignation. The board recorded its appreciation for his contributions during his tenure.
Likely market impact
Routine governance event; no material impact on operations, financials, or shareholders expected.