Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Avantel has informed that the Board of Directors of the Company, at their meeting held on Monday, October 26, 2026, considered and approved the following: 1. the un-audited Standalone Financial Results along with Limited Review Report for the quarter and half year ended on September 30, 2026, as recommended by the Audit Committee and reviewed by the Statutory Auditors; and; 2. the un-audited Consolidated Financial Results along with Limited Review Report for the quarter and half year ended on September 30, 2026, as recommended by the Audit Committee and reviewed by the Statutory Auditors. 3. the merger of Imeds Global, a wholly owned subsidiary of the Company (‘Transferor Company’), into Avantel (‘Transferee Company’), pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, and subject to the requisite statutory and regulatory approvals. 4. the appointment of Nimmagadda Sreenivasa Rao (DIN: 09658001) as an Additional Director, designated as Director (Technical), for a term of three consecutive years commencing from October 26, 2026, and ending on October 25, 2029, liable to retire by rotation, subject to the approval of the Members of the Company through Postal Ballot. Nimmagadda Sreenivasa Rao is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India or any other such authority. 5. The Notice of Postal Ballot for seeking the approval of the Members of the Company for the appointment of Nimmagadda Sreenivasa Rao (DIN: 09658001) as Director (Technical) of the Company. The meeting of the Board of Directors commenced at 11:00 AM (IST) and concluded at 2:40 PM (IST).
