Avantel clears FY26 results, raises borrowing limits and reshapes board

Avantel Limited ( (IN:AVANTEL) ) has issued an update.

Avantel Limited’s board has approved the audited standalone and consolidated financial results and statements for the quarter and year ended March 31, 2026, supported by an unmodified statutory auditors’ opinion. The board also recommended a final dividend of Re.0.20 per share for FY 2025–26, subject to shareholder approval, and scheduled the 36th AGM for June 24, 2026 via video conferencing.

The company strengthened its governance framework by appointing two additional non-executive independent directors and reconstituting key board committees. The board further proposed raising the borrowing limit from Rs.200 crore to Rs.350 crore and endorsed new appointments for statutory, cost and internal auditors, signalling preparation for expanded operations and tighter financial oversight.

More about Avantel Limited

Avantel Limited is an India-based technology company operating in the communications and electronics sector, serving defence, aerospace and related industrial markets. The company runs multiple certified facilities in Andhra Pradesh and Telangana and is listed on both BSE and NSE, reflecting its focus on regulated, high-reliability markets.

Average Trading Volume: 143,725

Technical Sentiment Signal: Strong Buy

Current Market Cap: 41.07B INR

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