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Avantel Limited is engaged in the business of designing, developing and maintaining wireless and satellite communication products, defence electronics, radar systems and development of network management software applications for its customers majorly from the aerospace and defence sectors.
Avantel shareholders approved key board appointments: Abburi Siddhartha Sagar re-appointed Executive Director (Strategy & Business Dev.), Peddi Bala Bhaskar Rao appointed Director (Operations), and Vyasabhattu Ramchander re-appointed as an Independent Director. These changes strengthen the company's leadership team.
Avantel has informed shareholders without registered emails about an upcoming postal ballot for member approval. The ballot will be conducted via remote e-voting. Details for voting and email registration are available on the company website.
Avantel re-appointed Abburi Siddhartha Sagar (ED Strategy) and Vyasabhattu Ramchander (Independent Director). Peddi Bala Bhaskar Rao joins as Director (Operations). Key board committees, including Audit and Nomination & Remuneration, were also reconstituted, strengthening company governance.
Avantel's AGM approved the re-appointment of statutory auditors and welcomed two new independent directors. Dr. Tamilmani Kandasamy brings deep aerospace and defense expertise, while Mr. Lakshminarasimha Acharyulu Muktevi adds diverse corporate management experience, strengthening the board.
Avantel is distributing its FY25-26 Annual Report and informing shareholders of key dates for its upcoming 36th Annual General Meeting. This includes the record date for final dividend, e-voting window, and dividend payment date. Shareholders can access the report online.