Avantel Limited (AVANTEL) — Board Meeting(4 announcements)

Avantel Limited announced board-level appointments and reappointments effective July 11, 2026, including the re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director (Strategy & Business Development) for five years until 2032, the appointment of Mr. Peddi Bala Bhaskar Rao as Additional Director (Operations) for three years until 2029, and the re-appointment of Mr. Vyasabhattu Ramchander as Independent Director for a second term until 2032, all subject to shareholder approval via postal ballot. The board also reconstituted key committees, placing Mr. Vyasabhattu Ramchander as Chairman of the Audit Committee and appointing others to the Nomination and Remuneration and Stakeholders Relationship Committees.

Avantel Limited announced board changes effective July 11, 2026, including the re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director (Strategy & Business Development) for five years until 2032, the appointment of Mr. Peddi Bala Bhaskar Rao as Additional Director (Operations) for three years until 2029, and the re-appointment of Mr. Vyasabhattu Ramchander as Independent Director for a second term until 2032. The board also reconstituted key committees, appointing Vyasabhattu as Audit Committee Chairman and including him on Nomination and Remuneration and Stakeholders Relationship Committees. These appointments are subject to shareholder approval via postal ballot and postal special resolution.

Avantel Limited announced board changes effective July 11, 2026, approving the re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director (Strategy & Business Development) for five years until March 2032, subject to postal ballot approval. The board also appointed Mr. Peddi Bala Bhaskar Rao as Additional Director (Operations) for three years until July 2029, and re-appointed Mr. Vyasabhattu Ramchander as Independent Director for a second term until May 2032, also requiring shareholder approval. These appointments strengthen strategic and operational leadership within the company.

Avantel Limited announced the outcomes of its Board meeting held on July 11, 2026, approving un-audited standalone and consolidated financial results for Q1 ending June 30, 2026, along with key managerial appointments and committee reconstitutions. Mr. Abburi Siddhartha Sagar's remuneration was revised to Rs.55 Lakhs annually, and his re-appointment for five years was approved pending shareholder vote. Mr. Peddi Bala Bhaskar Rao was appointed Director (Operations) for three years, and Mr. Vyasabhattu Ramchander was reappointed as Independent Director for five years. The meeting concluded at 1.30 PM after commencing at 12.00 PM.