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.

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Avantel Limited

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