AVALON
Avalon Technologies Limited
NSE BSELast Traded Price
₹1861
-98.7 (-5.04%)
Open
₹1959.7
High
₹1964.8
Low
₹1840
Prev Close
₹1959.7
Industry
Other Electrical Equipment
Market Cap
12410.01 Cr
Filing History
Recent corporate announcements and filings for AVALON
Ownership
Neutral
2026-11-03 17:14
Avalon Technologies Limited received a request from promoter Mr. Bhaskar Srinivasan and promoter group trusts (BBS Family Trust, KBS Family Trust, Dolphin Family Trust) for reclassification from Promoter/Promoter Group to Public category.
- The total shareholding under reclassification is 63,04,070 equity shares, representing 9.42% of the company's total paid-up share capital.
- The applicants hold less than 10% voting rights, do not exercise control, and are not involved in the management or day-to-day affairs of the company.
- The request is scheduled to be considered by the Board of Directors at its meeting on November 12, 2026.
Business Update
Neutral
2026-11-02 15:13
Concall Schedule
Concall Date: Friday, November 13, 2026
Concall Time: 15.30 P.M (IST)
Governance
Neutral
2026-10-30 18:26
- Avalon Technologies Limited has allotted 16,138 equity shares to employees on October 30, 2026, pursuant to the exercise of ESOPs under the AVALON - Employee Stock Option Plan 2022.
- The exercise prices were INR 20/-, INR 700/-, and INR 759/- per share.
- Consequently, the paid-up share capital increased from INR 13,37,64,600 (6,68,82,300 equity shares) to INR 13,37,96,876 (6,68,98,438 equity shares) of face value Rs. 2/- each.
Governance
Positive
2026-10-28 13:54
Avalon Technologies Limited has issued a notice for its Extraordinary General Meeting (EGM) scheduled for Saturday, November 21, 2026, at 11:00 A.M. (IST) via Video Conferencing (VC) / Other Audio Visual Means (OAVM). - The agenda includes the alteration of the Articles of Association of the Company to include provisions relating to securities and further issue of shares. - The company proposes to create, offer, issue, and allot up to 19,37,808 warrants convertible into equity shares on a preferential basis to Zollner Elektronik AG (non-promoter category) at an issue price of ₹2,193.20 per warrant, aggregating up to ₹425 crores. - The remote e-voting period begins on November 18, 2026, and ends on November 20, 2026, with November 14, 2026, fixed as the cut-off date.
Governance
Neutral
2026-10-27 18:49
- Avalon Technologies Limited informed the exchange regarding the outcome of the Board Meeting held on October 27, 2026.
- Routine board meeting outcome filing with no critical details provided.
Business Update
Positive
2026-10-20 12:07
- Avalon Technologies Limited has incorporated a wholly owned subsidiary named Zollner Avalon Private Limited on October 19, 2026.
- Zollner will subsequently subscribe to 51% of the issued and paid-up share capital of the new entity as per the Joint Venture Agreement.
- The new entity operates in the Electronic Manufacturing Services sector, focusing on PCB assembly and system integration.
Business Update
Neutral
2026-10-14 18:32
- Avalon Technologies Limited has been assigned an ESG rating of 'Crisil ESG 58' under the 'Adequate' category by Crisil ESG Ratings & Analytics Limited.
- The rating was assigned voluntarily based on FY 2025-26 disclosures and public information.
- Date of occurrence of the event: October 13, 2026.
Governance
Neutral
2026-10-08 18:40
- Avalon Technologies Limited informed the exchange regarding the appointment of Mr. CG Balaji as an Additional Non-executive Independent Director for 5 years effective September 03, 2026.
- Re-appointed Mr. Kunhamed Bicha as Chairman & Managing Director for 5 consecutive years effective July 12, 2027.
- Re-appointed Mr. Venkataramani Anantharamakrishnan and Mr. Byas Unnikrishnan Nambisan as Non-Executive Independent Directors for a second term of 5 years each, effective July 07, 2027, and July 19, 2027, respectively.
- Confirmed that none of the aforementioned directors are debarred from holding office by any regulatory authority.
Business Update
Positive
2026-10-08 18:05
- Avalon Technologies Limited has executed a lease deed with State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT).
- The lease is for land admeasuring 25.08 acres at SIPCOT Industrial Park, Oragadam, Kancheepuram District, Tamil Nadu.
- The purpose of the agreement is to set up a new industrial unit.
- The lease period is for ninety-nine years.
Ownership
Neutral
2026-10-01 13:07
- Promoter Bhaskar Srinivasan along with BBS Family Trust and KBS Family Trust sold 40,08,705 equity shares (6.00% stake) of Avalon Technologies Limited.
- The transaction was executed via the Block Deal Mechanism on September 30, 2026.
- Total promoter holding decreased from 15.42% to 9.42% post-transaction.
Routine
Neutral
2026-09-30 11:03
- Avalon Technologies clarified media reports regarding a proposed stake sale by Mr. Bhaskar Srinivasan's promoter group through a block deal.
- The company clarified that KBS Family Trust belongs to Mr. Bhaskar Srinivasan's group and not Mr. Kunhamed Bicha's group.
- Mr. Bhaskar Srinivasan's promoter group holds a total of 1,03,12,775 shares (15.42%) as of September 29, 2026.
Governance
Neutral
2026-09-04 20:50
- Intimation regarding the 27th Annual General Meeting (AGM) for the Financial Year 2025-26, to be held on Monday, September 28, 2026, at 2:30 P.M. (IST) via video conferencing.
- The Integrated Annual Report for FY 2025-26 and the AGM Notice are available on the company's website and stock exchange websites.
Governance
Positive
2026-09-03 19:09
- The Board approved the appointment of Mr. CG Balaji as an Additional Independent Director for 5 consecutive years from September 03, 2026.
- Re-appointed Mr. Kunhamed Bicha as Chairman & Managing Director for 5 years from July 12, 2027.
- Re-appointed Mr. Venkataramani Anantharamakrishnan and Mr. Byas Unnikrishnan Nambisan as Independent Directors for second terms of 5 years, effective from July 07, 2027 and July 19, 2027, respectively.
- All appointments are subject to shareholder approval.
Business Update
Positive
2026-09-03 18:56
- Avalon Technologies Limited approved a Joint Venture Agreement (JVA) with Zollner Elektronik AG to establish "Zollner Avalon Private Limited".
- The JV will create a long-term India-based manufacturing and services platform for electronics manufacturing services (EMS).
- Zollner will initially hold a 51% stake and Avalon 49%, with Avalon having an option to acquire an incremental 2% stake to reach 51% ownership.
Business Update
Positive
2026-09-03 18:56
- Avalon Technologies Limited has formed a strategic Joint Venture (JV) with Zollner Elektronik AG for Advanced Electronics Manufacturing in India.
- The JV will focus on Printed Circuit Board Assemblies (PCBA), box-build, and system integration products, serving new verticals including Health Care & Life Sciences, Test & Measurement, and Rail.
- Initially, Zollner will hold 51% and Avalon 49%; Avalon has an option to acquire an additional 2% stake after three years, making it the majority shareholder.
- This partnership expands Avalon's access to global customers, opens new industry verticals, and advances its high-complexity manufacturing capabilities, while also creating an additional recurring revenue opportunity.
Business Update
Positive
2026-09-03 18:34
- Avalon Technologies Limited executed a Joint Venture Agreement with Zollner Elektronik AG to establish 'Zollner Avalon Private Limited' for an India-based manufacturing and services platform for PCBA and system integration.
- Zollner will initially hold 51% stake and Avalon 49%, with Avalon having an option to acquire an incremental 2% stake to reach 51%.
- The Board also approved the appointment of Mr. CG Balaji as an Additional Independent Director and re-appointment of Mr. Kunhamed Bicha as Chairman & MD and two Independent Directors.
Governance
Positive
2026-09-02 11:10
- The Nomination and Remuneration Committee approved the grant of 90,000 Employee Stock Options (ESOPs).
- These ESOPs are under the Avalon Employee Stock Option Plan – 2022.
- Granted at INR 1,855 per option, representing a 20% discount on the latest closing price.
- Options will vest over a four-year period.
Ownership
Neutral
2026-08-29 20:01
- Avalon Technologies Limited allotted 70,545 equity shares on August 29, 2026, upon exercise of Employee Stock Options under the 'AVALON - Employee Stock Option Plan 2022'.
- The exercise prices were INR 20/- and INR 700/- per share.
- This allotment increased the paid-up capital from INR 13,36,23,510 (comprising 6,68,11,755 shares) to INR 13,37,64,600 (comprising 6,68,82,300 shares).
Business Update
Neutral
2026-08-19 18:31
- India Ratings and Research (Ind-Ra) affirmed and subsequently withdrew the credit rating for Avalon Technologies Limited's bank loan facilities of INR 1,415 million. The rating was affirmed at ‘IND A-'/Positive/‘IND A1' before its withdrawal at the company's request on August 19, 2026.
Business Update
Neutral
2026-08-12 19:37
- Concall Schedule
- Concall Date: August 18, 2026
- Concall Time: 9:00 AM to 5:00 PM IST
Business Update
Neutral
2026-08-11 19:09
- Avalon Technologies Limited announced the availability of the Earnings Call Transcript for the Quarter Ended June 30, 2026.
- The earnings call was held on August 05, 2026.
- The transcript is accessible via the company's investor relations website.
Business Update
Neutral
2026-08-05 18:48
- Audio recording of the Earnings Call for Q1FY27 (Quarter Ended June 30, 2026), held on August 05, 2026, is available on the company's website.
- Link: https://www.avalontec.com/investor/earnings-call-audio/Q1FY27-Earnings-Call.mp3
Financials
Positive
2026-08-04 22:10
- Consolidated Revenue ₹484.4 Cr vs ₹323.3 Cr (▲49.8% YoY)
- EBITDA ₹58.0 Cr vs ₹29.9 Cr (▲93.9% YoY)
- PAT ₹34.9 Cr vs ₹14.2 Cr (▲145.3% YoY)
- EBITDA Margin 12.0% vs 9.2% (▲272bps)
Financials
Positive
2026-08-04 21:43
- Consolidated Revenue ₹4,844 Mn vs ₹3,233 Mn (▲50% YoY)
- EBITDA ₹580 Mn vs ₹299 Mn (▲94% YoY)
- PAT ₹349 Mn vs ₹142 Mn (▲145% YoY)
- EBITDA Margin 12.0% vs 9.2% (▲280bps)
Business Update
Neutral
2026-07-28 16:18
- Concall Schedule
- Concall Date: August 05, 2026
- Concall Time: 3:30 P.M (IST)
Ownership
Neutral
2026-06-29 18:11
- Intimation of Trading Window Closure for Designated Persons and their Immediate Relatives.
- Closed from June 30, 2026, until 48 hours after the announcement of financial results for the Quarter ended June 30, 2026.
- Board Meeting date for results will be intimated separately.
Ownership
Positive
2026-06-25 15:26
- Allotted 24,058 equity shares on June 25, 2026, upon exercise of Employee Stock Options (ESOPs).
- Paid-up capital increased from ₹13,35,75,394 to ₹13,36,23,510.
Business Update
Neutral
2026-05-27 18:37
Avalon Technologies Limited announced its participation in the Nomura Investment Forum Asia 2026 on June 4, 2026. The company will conduct a physical group meet with analysts/institutional investors in Singapore from 09:00 AM to 05:30 PM (SGT). No Unpublished Price Sensitive Information will be shared during the meeting.
Business Update
Neutral
2026-05-22 18:39
Avalon Technologies Limited has intimated the schedule of an Analyst/Institutional Investor Meet on May 28, 2026, as part of the 360 ONE Capital (B&K) 16th Annual Investor Conference - TRINITY INDIA 2026 in Mumbai. The company clarified that no Unpublished Price Sensitive Information will be shared during the meet.
Business Update
Neutral
2026-05-13 19:09
Avalon Technologies Limited submitted the transcript of its Earnings Call for the Quarter and Year Ended March 31, 2026, which was held on May 07, 2026. The transcript is available on the company's website for investor reference.
Business Update
Neutral
2026-05-07 20:48
Avalon Technologies Limited announced that the audio recording of the Earnings Call for the Quarter and Year Ended March 31, 2026, is now available on the company's website. The call, which discussed the Q4 FY26 financial results, was held on May 07, 2026.
Financials
Positive
2026-05-06 22:01
Consolidated Revenue from Operations ₹479.9 Cr vs ₹342.8 Cr (▲40.0% YoY), EBITDA ₹56.9 Cr vs ₹41.4 Cr (▲37.5% YoY), PAT ₹41.2 Cr vs ₹24.3 Cr (▲69.5% YoY). EBITDA Margin 11.8% vs 12.1% (▼21bps). The company reported its seventh consecutive quarter of sequential improvement in performance and a 25% YoY increase in order book.
Financials
Positive
2026-05-06 21:40
Consolidated Revenue ₹479.89Cr vs ₹342.79Cr (▲40.00% YoY), EBITDA ₹68.79Cr vs ₹44.53Cr (▲54.46% YoY), PAT ₹41.15Cr vs ₹24.28Cr (▲69.49% YoY). EBITDA Margin 14.33% vs 12.99% (▲134bps). The Board also approved the allotment of 21,534 equity shares to employees pursuant to ESOP exercise.
Business Update
Neutral
2026-04-28 18:48
Avalon Technologies Limited announced an Earnings Call for the Quarter and Financial Year Ended March 31, 2026. The call will be held on Thursday, May 07, 2026, at 3:30 P.M (IST) to discuss the audited standalone and consolidated financial results.
Business Update
Positive
2026-04-17 18:45
Crisil Ratings assigned 'Crisil A/Stable' for Long Term and 'Crisil A1' for Short Term to Avalon Technologies Limited's ₹140 Cr bank facilities, effective April 17, 2026.
Routine
Neutral
2026-04-13 17:20
New Filing detected. See link for details.
Routine
Neutral
2026-03-30 17:36
Avalon Technologies Limited announced the closure of its Trading Window from March 31, 2026, until 48 hours after the announcement of the Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026.