Avalon Technologies Limited
Incorporated in 1999, Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services ("EMS") company with end-to-end capabilities in delivering box-build solutions, focusing on high-value precision-engineered products.
What Avalon files
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Avalon Technologies announced its 27th Annual General Meeting will be held virtually. The FY 2025-26 Integrated Annual Report is now available online for shareholders, with access details provided.
Avalon partners with European EMS leader Zollner in a new India-based JV, "Zollner Avalon Private Ltd," for electronics manufacturing. Zollner will hold 51% stake, Avalon 49% with a future option to acquire 2% more. This expands manufacturing and market reach.
Avalon Technologies' promoter Bhaskar Srinivasan, along with BBS and KBS Family Trusts, sold 37.96 lakh shares via a block deal, reducing their combined stake from 21.22% to 15.51%. Post-sale, Srinivasan holds 9.43% directly, while each trust holds 3.04%. The total equity share capital remains unchanged at INR 13.3 Cr face...
Avalon Technologies has boosted its stake in Zepco Technologies to 4.05% through equity and compulsorily convertible preference shares at INR 306.55 per security. This strategic investment enhances Avalon’s influence in Zepco, positioning it for potential collaborative growth opportunities.
Avalon Technologies has received cautionary letters from BSE and NSE due to delays in disclosing the schedule for an analysts' meeting, failing to meet the required two-working-day notice. The company acknowledged that the oversight was unintentional and committed to preventing such lapses in the future. Despite this non-compliance, there are...