Board approves director re-appointments, new Director (Operations) and committee changes
AVANTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Avantel board approved three director changes on July 11, 2026. Mr. Abburi Siddhartha Sagar (son of CMD, holding 8.47 percent stake) re-appointed as Executive Director for 5 years from March 8, 2027. Mr. Peddi Bala Bhaskar Rao (30 plus years in RF and defence, currently VP Marketing) appointed as new Director (Operations) for 3 years from July 11, 2026. Mr. Vyasabhattu Ramchander re-appointed as Independent Director for a second 5-year term from May 6, 2027. All subject to postal ballot approval. Audit, NRC and Stakeholders committees also reconstituted.
Continuity in leadership with promoter family director retained; new operations director brings 30 plus years defence and RF experience. All subject to postal ballot.