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Avantel Limited ( (IN:AVANTEL) ) has provided an update.
Avantel Limited has notified the stock exchanges that it has published newspaper notices regarding the transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF), in line with regulatory requirements tied to its listed equity shares under ISIN INE005B01027. The disclosure, made via publications in English and Telugu dailies, underscores the company’s compliance with shareholder protection norms and signals to investors the need to act on any unclaimed entitlements before they are moved to the IEPF, thereby reinforcing corporate governance and transparency toward its stakeholder base.
More about Avantel Limited
Avantel Limited is an India-based technology company listed on BSE and NSE, with corporate and manufacturing facilities in Hyderabad and Visakhapatnam. The company operates in the electronics and communications space, supplying specialised solutions and services, and is certified under AS 9100D and ISO 9001:2015, indicating a focus on quality standards for aerospace, defence, and related high-reliability industries.
Average Trading Volume: 194,842
Technical Sentiment Signal: Buy
Current Market Cap: 41.33B INR
Find detailed analytics on AVANTEL stock on TipRanks’ Stock Analysis page.