Avalon Technologies Board Meeting Oct 27 to Discuss Fund Raising

Avalon Technologies Ltd has announced a Board of Directors meeting scheduled for October 27, 2026. The primary agenda items include considering and approving amendments to the Articles of Association and a proposal for raising funds. The fund-raising mechanism could involve issuing equity shares, convertible debentures, warrants, or other securities through a preferential issue or other permitted methods, subject to regulatory and shareholder approvals. The Board will also discuss convening an extraordinary general meeting (EGM) to seek shareholder consent for these proposals. The company has also closed its trading window from October 1, 2026, until 48 hours after the announcement of Q2 FY27 financial results.