Avantel has informed that the ESOP Allotment Committee of the Company at its meeting held on Saturday, March 15, 2025, approved the grant of 20,000 Stock Options to the eligible employees of the Company, in terms of Avantel Employee Stock Option Plan 2023 (ESOP 2023). This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the required information in compliance with SEBI circular dated September 9, 2015, read with circular dated July 13, 2023, pertaining to the above grant are provided in Annexure A.
The above information is a part of company’s filings submitted to BSE.