StockWatch
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Telecom -  Equipment & Accessories
Auditor24 Jun 2026, 09:00 pm

Avantel Ltd Re-appoints Grandhy & Co. as Statutory Auditors

AI Summary

Avantel Ltd announced the re-appointment of M/s. Grandhy & Co., Chartered Accountants, as its Statutory Auditors for a second term of five years, from the conclusion of the 36th AGM until the 41st AGM (FY 2030-31). The company also appointed Dr. Tamilmani Kandasamy and Mr. Lakshminarasimha Acharyulu Muktevi as Independent Directors for a five-year term commencing April 26, 2026. These decisions were approved by the company's members at the 36th Annual General Meeting held on June 24, 2026. Grandhy & Co. has over five decades of experience and is empanelled with major regulatory authorities.

Key Highlights

  • Statutory Auditors re-appointed for a second 5-year term.
  • Two new Independent Directors appointed for 5-year terms.
  • Appointments approved at the 36th Annual General Meeting.
  • Auditors have extensive experience and regulatory empanelment.