Quarterly Result12 Nov 2026, 10:51 pm
Avalon Technologies Declares Unaudited Q2 FY27 Results
AI Summary
Avalon Technologies Limited has announced its unaudited standalone financial results for the Quarter and Half Year ended September 30, 2026. The company also reported the formation of a joint venture, Zollner Avalon Private Limited, with Zollner Elektronik AG, where Avalon Technologies will hold a 49% stake. Additionally, the company approved a preferential issuance of warrants to Zollner Elektronik AG, subject to shareholder and regulatory approvals.
Key Highlights
- Unaudited standalone financial results for Q2 FY27 declared.
- Joint venture 'Zollner Avalon Private Limited' incorporated.
- Company to hold 49% stake in the new joint venture.
- Proposed issuance of warrants to Zollner Elektronik AG approved.
Price Impact
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