Avalon Technologies Ltd

Avalon Technologies Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as required by SEBI regulations. The report, which forms part of the Annual Report, details the company's corporate identity, registered and corporate office information, and contact details for queries. It outlines the company's business activities, primarily Electronic Manufacturing Services (EMS), contributing 100% to turnover, with PCBA, Box Build, and Cables accounting for over 90% of revenue. The report also covers operational locations, markets served (including 18 international countries), and the significant contribution of exports (68% of turnover). Avalon serves diverse B2B customers across Clean Energy, Mobility, Communication, Industrial, and Medical sectors.

Avalon Technologies Limited has announced its 27th Annual General Meeting (AGM) will be held on September 28, 2026, via Video Conferencing/Other Audio Visual Means. The company is also providing a web-link to its Annual Report for the Financial Year 2025-26 to members whose email addresses are not registered. The Annual Report and AGM notice are available on the company's website and stock exchange websites. Members can request a physical copy by emailing investorsrelations@avalontec.com and are encouraged to register their email addresses for future electronic communications.

Avalon Technologies Ltd. has announced the dispatch of its Annual Report for the Financial Year 2025-26 and the Notice for its 27th Annual General Meeting (AGM). The AGM is scheduled for September 28, 2026, at 02:30 PM IST, to be conducted via Video Conferencing/Other Audio Visual Means. The company also provided details for e-voting, which will commence on September 24, 2026, and conclude on September 27, 2026. The Annual Report highlights the company's growth in FY2026, with increased revenue and profitability, driven by a focus on complex box builds and system integration across various industrial segments. The report emphasizes disciplined execution, expansion into new markets like Southeast Asia and Europe, and a strengthened customer confidence.

Avalon Technologies Ltd has announced its 27th Annual General Meeting (AGM) will be held on September 28, 2026, at 02:30 PM IST. The meeting will be conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM) in compliance with MCA and SEBI circulars. Key agenda items include the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026, the reappointment of Mr. Kunhamed Bicha as Chairman and Managing Director, and the appointment of Mr. CG Balaji as an Independent Director. The company has also enabled e-voting for shareholders, with the remote e-voting period commencing on September 24, 2026, and concluding on September 27, 2026. The cut-off date for determining voting entitlement is September 21, 2026.

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.

Avalon Technologies Limited has announced the formation of a joint venture with Zollner Elektronik AG, a leading European EMS company. The JV will focus on PCBA, box-build, and system integration manufacturing in India, serving sectors like Health Care & Life Sciences, Test & Measurement, and Rail. Initially, Zollner will hold 51% and Avalon 49%, with Avalon having an option to increase its stake to 51% after three years. This partnership leverages Avalon's manufacturing capabilities in India and Zollner's global expertise, aiming to expand Avalon's access to global customers and new industry verticals.

Avalon Technologies Limited has approved the formation of a joint venture with Zollner Elektronik AG, a European EMS company. The JV, named "Zollner Avalon Private Limited" (subject to regulatory approval), will establish a manufacturing and services platform in India for printed circuit board assembly, box-build, system integration, testing, and after-sales services. Initially, Zollner will hold a 51% stake and Avalon 49%, with Avalon having an option to increase its stake to 51% later. The JV aims to support domestic business, exports from India, and global customer programs. The transaction is subject to requisite approvals and finalization of definitive documents.

Avalon Technologies Ltd announced a significant development following its Board Meeting on September 03, 2026. The company has entered into a Joint Venture Agreement (JVA) with Zollner Elektronik AG, a European EMS company, to establish 'Zollner Avalon Private Limited'. Initially, Zollner will hold a 51% stake and Avalon 49%, with an option for Avalon to increase its stake to 51%. This JV aims to create a manufacturing and services platform in India for PCBA, box-build, and related services, supporting domestic business and exports. The Board also approved the incorporation of a wholly owned subsidiary, which will be converted into the JV entity. Additionally, the Board approved the appointment of Mr. CG Balaji as an Additional Director (Independent) and the re-appointment of Mr. Kunhamed Bicha as Chairman & Managing Director, and Mr. Venkataramani Anantharamakrishnan and Mr. Byas Unnikrishnan Nambisan as Independent Directors, all subject to shareholder approval.

Avalon Technologies Limited announced its financial results for the first quarter ending June 30, 2026. The company reported a significant year-on-year growth in revenue from operations, which increased by 49.8% to ₹484.4 crore compared to ₹323.3 crore in Q1 FY26. Total income also saw a substantial rise of 49.9% to ₹487.2 crore. EBITDA grew by 93.9% to ₹58.0 crore, with an improved EBITDA margin of 12.0%. Profit After Tax (PAT) surged by 145.3% to ₹34.9 crore from ₹14.2 crore in the same period last year. The company highlighted its eighth consecutive quarter of sequential performance improvement, enhanced net working capital days, a 23.4% YoY increase in order book, and the operationalization of its brownfield expansion in Chennai. Additionally, Avalon secured EN 15085-2 certification for railway welding applications.

Avalon Technologies Ltd has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company declared its financial results along with a limited review report from its statutory auditor. The results were prepared in accordance with Indian Accounting Standards (Ind-AS) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these results on August 4, 2026. The company operates in a single reportable segment: Electronics Manufacturing Services (EMS).