Notice of 36th Annual General Meeting

Avantel Ltd has called its 36th AGM on June 24, 2026, at 11:00 AM via video conferencing. The meeting will seek shareholder approval for: (1) adoption of audited standalone and consolidated financial statements for FY 2025-26; (2) declaration of a final dividend of Re.0.20 per equity share (face value Rs. 2/-); (3) re-appointment of Mrs. Abburi Sarada as Whole-time Director retiring by rotation; (4) re-appointment of Statutory Auditors M/s. Grandhy & Co. for a second term of 5 years; (5) appointment of two new Independent Directors — Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi, both for a 5-year term from April 26, 2026; (6) increase in borrowing limits from the existing threshold to ₹350 Crore under Section 180(1)(c); (7) creation of charges on movable and immovable properties for securing borrowings; and (8) ratification of Cost Auditor remuneration at ₹1,50,000 for FY 2026-27. Remote e-voting opens June 21, 2026 and closes June 23, 2026. The company also disclosed transfer of 4,58,400 equity shares to IEPF Authority during FY 2025-26.