Avantel Limited has informed the Exchange about General Updates
AVANTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Avantel Limited has filed a revision to its earlier Board Meeting outcome dated April 26, 2026. The board has recommended a final dividend of Re. 0.20 per equity share with a face value of Rs. 2 each, representing a 10% dividend rate for financial year 2025-26. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date for determining eligible shareholders has been fixed as June 12, 2026. All other items from the original Board Meeting outcome remain unchanged.
The dividend recommendation of 10% is modest but signals the company's intent to share profits with shareholders. Final confirmation depends on shareholder approval at the AGM. Investors should monitor for the AGM date and any updates on the dividend payment timeline.