StockWatch
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Other Electrical Equipment
Board Meeting3 Sept 2026, 07:21 pm

Avalon Technologies Board Approves Director Appointments and Re-appointments

AI Summary

Avalon Technologies Limited's Board of Directors, in a meeting held on September 03, 2026, approved several key appointments and re-appointments. Mr. CG Balaji was appointed as an Additional Director (Independent Category) for five years, subject to shareholder approval. The board also re-appointed Mr. Kunhamed Bicha as Chairman & Managing Director for another five-year term from July 12, 2027. Additionally, Mr. Venkataramani Anantharamakrishnan and Mr. Byas Unnikrishnan Nambisan were re-appointed as Independent Directors for their second five-year terms, effective July 07, 2027, and July 19, 2027, respectively. All re-appointments are also subject to shareholder approval at the upcoming Annual General Meeting.

Key Highlights

  • Mr. CG Balaji appointed as Additional Independent Director for 5 years.
  • Mr. Kunhamed Bicha re-appointed as CMD for 5 years from July 2027.
  • Two Independent Directors re-appointed for second 5-year terms.
  • All appointments and re-appointments require shareholder approval.