AVANTEL
Avantel Limited
NSELast Traded Price
₹180.39
-3.37 (-1.83%)
Open
₹183
High
₹183.45
Low
₹178.16
Prev Close
₹183.76
Industry
Aerospace & Defense
Market Cap
4793.16 Cr
Filing History
Recent corporate announcements and filings for AVANTEL
Governance
Neutral
2026-07-11 15:04
- Re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director for 5 years from March 8, 2027.
- Appointment of Mr. Peddi Bala Bhaskar Rao as Additional Director (Operations) for 3 years from July 11, 2026.
- Re-appointment of Mr. Vyasabhattu Ramchander as Independent Director for 5 years from May 6, 2027.
- Reconstitution of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.
Governance
Neutral
2026-07-11 15:04
- Board approved re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director (Strategy & Business Development) for a term of 5 years (2027-2032).
- Mr. Peddi Bala Bhaskar Rao was appointed as an Additional Director (Operations) for 3 years (2026-2029).
- Mr. Vyasabhattu Ramchander was re-appointed as an Independent Director for a second term of 5 years (2027-2032).
- Reconstitution of Audit, Nomination and Remuneration, and Stakeholders Relationship Committees was also approved.
Governance
Neutral
2026-07-11 15:04
- The Board approved the re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director (Strategy & Business Development) for five years (2027-2032), and Mr. Vyasabhattu Ramchander as an Independent Director for a second five-year term (2027-2032).
- Mr. Peddi Bala Bhaskar Rao was appointed as an Additional Director, designated as Director (Operations), for three years (2026-2029).
- The Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee were reconstituted.
Financials
Positive
2026-07-11 14:15
- Consolidated Revenue ₹70.42Cr vs ₹51.91Cr (▲35.66% YoY)
- EBITDA ₹17.55Cr vs ₹10.50Cr (▲67.14% YoY)
- PAT ₹5.39Cr vs ₹3.23Cr (▲67.19% YoY)
- EBITDA Margin 24.92% vs 20.23% (▲469bps)
- Board approved revision in remuneration for an Executive Director and re-appointed/appointed three directors, along with reconstitution of key committees.
Business Update
Positive
2026-06-30 13:32
- Order Win: Avantel Limited received an order from M/s. Zetwerk Manufacturing Businesses Limited
- Order Value: ₹83.80 Crores (Incl. Taxes)
- Completion Timeline: March 2027
- Details: For the supply of Satellite Communication Equipment's along with One (1) Year Comprehensive Onsite Warranty
Routine
Neutral
2026-06-30 11:02
- Trading Window for Avantel Limited will close from July 1, 2026.
- Closure is for considering the Un-audited Financial Results for the First Quarter ended June 30, 2026.
- It will reopen 48 hours after the Board Meeting, which will be intimated later.
Governance
Neutral
2026-06-24 21:00
- Avantel Limited's 36th AGM on June 24, 2026, approved key resolutions.
- M/s. Grandhy & Co. re-appointed as Statutory Auditors for a second term of 5 years.
- Dr. Tamilmani Kandasamy appointed as an Independent Director for a term of 5 years.
- Mr. Lakshminarasimha Acharyulu Muktevi appointed as an Independent Director for a term of 5 years.
Governance
Neutral
2026-06-24 19:26
- Mr. Myneni Narayana Rao ceased to be an Independent Director of Avantel Limited on June 24, 2026.
- The cessation is due to the completion of his second consecutive term as per SEBI Regulations.
Governance
Neutral
2026-06-24 19:13
- Members at the 36th AGM on June 24, 2026, approved the re-appointment of M/s. Grandhy & Co. as Statutory Auditors for 5 years (FY 2030-31).
- Approved the appointment of Dr. Tamilmani Kandasamy as an Independent Director for a 5-year term (April 26, 2026, to April 25, 2031).
- Approved the appointment of Mr. Lakshminarasimha Acharyulu Muktevi as an Independent Director for a 5-year term (April 26, 2026, to April 25, 2031).
Governance
Positive
2026-06-24 18:50
- 36th Annual General Meeting (AGM) of Avantel Limited was held on June 24, 2026.
- All 9 items of business were approved by the Members, including the adoption of financial statements, declaration of a final dividend of Re. 0.20/- per equity share for FY26, appointment/re-appointment of directors, re-appointment of statutory auditors, and approval to increase borrowing limits and create charges on properties.
Governance
Positive
2026-06-24 13:32
- The 36th AGM was held on June 24, 2026, via video conference.
- Members adopted FY26 financial statements and approved a final dividend of Re.0.20 per equity share.
- Re-appointments of Director and Auditors, and appointments of two Independent Directors were approved.
- Resolutions to increase borrowing limits and create charges on properties for borrowings were also passed.
Business Update
Positive
2026-06-08 16:01
- Order Win: Avantel Limited won order from Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India
- Order Value: ₹9.94 Crores (Incl. Taxes)
- Completion Timeline: December 2028
- Purpose: For Development and Testing of Satellite Terminals for GSAT.
Governance
Neutral
2026-06-01 11:50
Avantel Limited announced its 36th Annual General Meeting (AGM) will be held on Wednesday, June 24, 2026, at 11:00 A.M. (IST) through Video Conferencing/Other Audio Visual Means. The Annual Report for FY 2025-26 has been made available on the company's website and stock exchange platforms. The record date for the final dividend is Friday, June 12, 2026, with e-voting from June 21-23, 2026. The dividend payment date is on and after June 29, 2026.
Governance
Positive
2026-05-30 14:35
Avantel Limited announced its 36th Annual General Meeting (AGM) for June 24, 2026, to be held via video conference. The agenda includes adopting FY2025-26 financial statements, declaring a final dividend of Re.0.20/- per equity share, re-appointing a director and statutory auditors, appointing two independent directors, and seeking approval to increase borrowing limits to ₹350 Crore and create charges on properties.
Business Update
Positive
2026-05-25 14:58
Order Win: Avantel Limited won an order from Coast Guard Headquarters, New Delhi, for the supply, installation, commissioning, and Annual Comprehensive Maintenance of Satcom Products. Order Value: ₹28.20 Crores (Incl. Taxes). Completion Timeline: August 2027.
Business Update
Positive
2026-05-22 12:28
Avantel Limited received an amendment to an existing purchase order from M/s. Bharat Electronics Limited for the supply of Power Amplifiers, adding an additional order value of Rs.1.92 Crores. The total order value, including the amendment, is now Rs.12.96 Crores. The order is expected to be executed by September 2026.
Financials
Positive
2026-05-05 18:20
Avantel Limited's Q4 FY26 Standalone results show Revenue of ₹63.15 Cr vs ₹49.14 Cr (▲28.50% YoY), EBITDA of ₹15.40 Cr vs ₹12.55 Cr (▲22.69% YoY), and PAT of ₹7.05 Cr vs ₹7.36 Cr (▼4.13% YoY). EBITDA Margin was 24.39% vs 25.54% (▼115bps). The Board recommended a final dividend of ₹0.20 per equity share. This filing also clarified technical discrepancies in previous submissions, confirming no impact on reported financial performance.
Routine
Neutral
2026-05-05 15:10
New Filing detected. See link for details.
Ownership
Positive
2026-05-05 12:53
Dr. Abburi Vidyasagar, Founder & Chairman and Managing Director of Avantel Limited, has donated 60,00,000 equity shares of Avantel Limited to Lakshmee Foundation on May 4, 2026. This philanthropic contribution is intended to support and expand various healthcare-related initiatives, including the operations of Lakshmee Foundation Hospital, aiming to improve access to quality healthcare for underserved communities.
Routine
Neutral
2026-04-30 18:12
New Filing detected. See link for details.
Financials
Positive
2026-04-27 19:02
Avantel Limited has fixed Friday, June 12, 2026, as the record date for a final dividend of Re.0.20/- per equity share (10% of Rs. 2/- face value) for the financial year 2025-26, as recommended by the Board.
Financials
Positive
2026-04-27 18:55
Avantel Limited recommended a final dividend of Re.0.20/- per equity share (10% on face value Rs. 2/-) for FY 2025-26, subject to AGM approval. The record date for the dividend payment is June 12, 2026.
Governance
Positive
2026-04-26 16:01
Avantel's Board on April 26, 2026, appointed Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Independent Directors for 5 years. The Board also reconstituted its committees and appointed Statutory, Cost, and Internal Auditors.
Governance
Positive
2026-04-26 15:51
Avantel's Board met on April 26, 2026, approving the appointment of Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Independent Directors for 5 years. The Board also reconstituted its committees and appointed M/s. Grandhy & Co. as Statutory Auditors, M/s. MPR & Associates as Cost Auditors, and M/s. Ramesh & Co. as Internal Auditors.
Governance
Positive
2026-04-26 15:51
Avantel's Board, on April 26, 2026, approved the appointment of Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Additional Independent Directors for 5 years. It also reconstituted various committees and appointed M/s. Grandhy & Co. as Statutory Auditors, M/s. MPR & Associates as Cost Auditor, and M/s. Ramesh & Co. as Internal Auditor.
Governance
Positive
2026-04-26 13:35
Avantel's Board, on April 26, 2026, appointed Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Additional Independent Directors for 5 years. The board also reconstituted its committees and approved the appointment of statutory, cost, and internal auditors for specified terms.
Financials
Positive
2026-04-26 13:10
Standalone Revenue ₹63.15Cr vs ₹49.14Cr (▲28.5% YoY), EBITDA ₹15.40Cr vs ₹12.55Cr (▲22.7% YoY), PAT ₹7.05Cr vs ₹7.36Cr (▼4.1% YoY) for the quarter ended March 31, 2026. EBITDA Margin 24.4% vs 25.5% (▼110bps). A final dividend of Re.0.20/- per equity share was recommended.
Business Update
Positive
2026-04-10 12:32
Avantel Limited's bank facilities totaling ₹249.50 crore were rated/reaffirmed by CARE Ratings. Long-term facilities received 'CARE A-; Stable' and short-term facilities received 'CARE A2+', indicating stable financial health with a stable outlook.
Ownership
Positive
2026-04-07 18:59
Ms. Abburi Sailaja, a substantial shareholder in Avantel Limited, declared that she and persons acting in concert have not created any encumbrance on their equity shares as on March 31, 2026, in compliance with SEBI Regulation 31(4).
Ownership
Positive
2026-04-07 11:09
Abburi Siddhartha Sagar, a substantial shareholder, declared on April 1, 2026, that the equity shares held by him and persons acting in concert in Avantel Limited were not encumbered as of March 31, 2026, in compliance with SEBI Regulation 31(4).
Ownership
Neutral
2026-04-06 15:08
Dr. Abburi Vidyasagar declared under SEBI (SAST) Regulation 31(4) that they, along with persons acting in concert, have not created any encumbrance on their equity shares in Avantel Limited as on March 31, 2026.
Business Update
Positive
2026-04-06 14:59
Avantel Limited received a Purchase Order from NewSpace India Limited for the supply, installation, and commissioning of Devices for Xponders, valued at Rs. 11.59 Crores (exclusive of taxes). The order is to be executed by October 2026.
Ownership
Positive
2026-04-02 20:25
Smt. Abburi Sarada declared under SEBI Regulation 31(4) that she and persons acting in concert have not created any encumbrance on their equity shares held in Avantel Limited as on March 31, 2026, confirming the absence of pledges.
Ownership
Neutral
2026-04-02 20:24
M/s. Lakshmee Foundation declared under SEBI (SAST) Regulation 31(4) that they have not created any encumbrance on their equity shares held in Avantel Limited as of March 31, 2026. This is a routine compliance filing.
Routine
Neutral
2026-04-02 10:25
Avantel Limited confirms compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company states that shares received for dematerialization were cancelled and depositories were recorded as registered owners.