Avantel Limited has informed the Exchange regarding 'Change of Address of Corporate Office - Intimation under Reg. 30 of the SEBI (LODR) Regulations, 2015'.
AVANTEL · price
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Avantel Limited has informed the exchanges that it will shift its corporate office from leased premises in Madhapur, Hyderabad, to its own (owned) premises in Gachibowli, Hyderabad, effective August 4, 2025. The old office was located at Plot No. 68 & 69, 4th Floor, Jubilee Heights, Jubilee Enclave, Madhapur – 500081. The new office will be at Survey No. 17, Unit No. 201 & 202, 2nd Floor, Block-1, Vasavi's Shalom Sky City, Gachibowli, Serilingampally, Hyderabad – 500032. The filing was made under Regulation 30 of SEBI's LODR Regulations, 2015, addressed to both BSE and NSE. The company's registered office, production units, and CIN remain unchanged.
This is a routine administrative update and is unlikely to have any meaningful impact on the stock price or shareholder value. The shift from leased to owned premises may lead to modest savings on rent over time, but the move itself is operational in nature.