Avantel Ltd Board Approves Financial Results and Merger

Avantel Limited's Board of Directors met on October 26, 2026, to approve the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board also approved the merger of its wholly-owned subsidiary, Imeds Global Private Limited, into Avantel Limited, subject to regulatory approvals. Additionally, Mr. Nimmagadda Sreenivasa Rao was appointed as an Additional Director, designated as Director (Technical), for a three-year term commencing October 26, 2026, pending member approval via postal ballot. The meeting concluded at 2:40 PM IST.