Outcome of Board Meeting

AS 9100D ISO 9001:2015 AVL/SE/2026-27 July 11, 2026 To To The Corporate Relations Department The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai – 400 001, India. Bandra (East), Mumbai – 400 051, India. Scrip Code: 532406 Symbol: AVANTEL Dear Sir/Madam, Sub: Outcome of the Board Meeting held on July 11, 2026 – Reg. Ref: ISIN: INE005B01027 With reference to the above stated subject, we wish to inform you that the Board of Directors of the Company, at its meeting held on Saturday, July 11, 2026, has, inter alia, considered and approved the following: 1. Un-audited Standalone Financial Results along with Limited Review Report for the First Quarter and three months period ended on June 30, 2026, as recommended by the Audit Committee and reviewed by the Statutory Auditors; and; 2. Un-audited Consolidated Financial Results along with Limited Review Report for the First Quarter and three months period ended on June 30, 2026, as recommended by the Audit Committee and reviewed by the Statutory Auditors. 3. Approved the revision in remuneration of Mr. Abburi Siddhartha Sagar (DIN: 02312563), Executive Director (Strategy & Business Development), from Rs.48.00 Lakhs per annum to Rs.55 Lakhs per annum, with effect from July 11, 2026. All other terms and conditions of his appointment shall remain unchanged. 4. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors considered the re-appointment of Mr. Abburi Siddhartha Sagar (DIN: 02312563) as Executive Director (Strategy & Business Development) for a further term of five (5) consecutive years commencing from March 8, 2027, up to March 7, 2032, liable to retire by rotation, subject to the approval of the Members of the Company through Postal Ballot. Mr. Abburi Siddhartha Sagar is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India or any other authority. 5. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors approved the appointment of Mr. Peddi Bala Bhaskar Rao (DIN: 10338290) as an Additional Director, designated as Director (Operations), for a term of three (3) consecutive years with effect from July 11, 2026, up to July 10, 2029, liable to retire by rotation, subject to the approval of the Members of the Company through Postal Ballot. Mr. Peddi Bala Bhaskar Rao is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India or any other authority. Avantel Limited CIN - L72200AP1990PLC011334 Corporate office: Registered Office & Unit-1 Unit-2 Survey No. 17, Unit No. 201 & 202, 2nd Floor, Plot No.47/P, APIIC Industrial Park, Plot No. S-119 (M), Sy. No. 49, Block - 1, Vasavi’s Shalom Sky City, Gambheeram (V), Anandapuram (M), E-City, Raviryal (V), Maheswaram (M), Gachibowli, Serilingampally (M), Ranga Reddy (D), Visakhapatnam - 531 163, Andhra Pradesh. Ranga Reddy (Dt), Hyderabad - 500032, Telangana. Tel : +91-891-2850000 Hyderabad - 501510, Telangana. Tel : +91-40-6630 5000, Fax : +91-40-6630 5004 Fax : +91-891-2850004 Tel: +91-40-3537 1900 marketing@avantel.in www.avantel.in Fax: +91-40-3537 1904 AS 9100D ISO 9001:2015 6. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors approved the re-appointment of Mr. Vyasabhattu Ramchander (DIN: 03400005) as an Independent Director of the Company for a second consecutive term of five (5) years, commencing from May 6, 2027 and ending on May 5, 2032, not liable to retire by rotation, notwithstanding that he will attain the age of seventy-five years during the said term, subject to the approval of the Members of the Company by way of a Special Resolution through Postal Ballot. Mr. Vyasabhattu Ramchander is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other authority. 7. Reconstitution of the Audit Committee, Nomination and Remuneration Committee and Stakeholders' Relationship Committee with immediate effect. 8. Approved the Notice of Postal Ballot for seeking the approval of the Members of the Company for Re- appointment of Mr. Abburi Siddhartha Sagar (DIN: 02312563) as an Executive Director (Strategy & Business Development); Appointment of Mr. Peddi Bala Bhaskar Rao (DIN: 10338290) as Director (Operations); and re-appointment of Mr. Vyasabhattu Ramchander (DIN: 03400005) as an Independent Director of the Company. The Meeting of the Board of Directors held today commenced at 12.00 P.M. and concluded at 01.30 P.M. This is for your information and records. Thanking you, Yours faithfully, For Avantel Limited D Rajasekhara Reddy Company Secretary & Compliance Officer Avantel Limited CIN - L72200AP1990PLC011334 Corporate office: Registered Office & Unit-1 Unit-2 Survey No. 17, Unit No. 201 & 202, 2nd Floor, Plot No.47/P, APIIC Industrial Park, Plot No. S-119 (M), Sy. No. 49, Block - 1, Vasavi’s Shalom Sky City, Gambheeram (V), Anandapuram (M), E-City, Raviryal (V), Maheswaram (M), Gachibowli, Serilingampally (M), Ranga Reddy (D), Visakhapatnam - 531 163, Andhra Pradesh. Ranga Reddy (Dt), Hyderabad - 500032, Telangana. Tel : +91-891-2850000 Hyderabad - 501510, Telangana. Tel : +91-40-6630 5000, Fax : +91-40-6630 5004 Fax : +91-891-2850004 Tel: +91-40-3537 1900 marketing@avantel.in www.avantel.in Fax: +91-40-3537 1904 GRANDHY & CO 201, RSeusnindyDe wnacrya,k Caopluorniy PunjagHuytdtear,a b.Ma odb 9:-8 84291 65491 CHARTERED ACCOUNTANTS Ema:gi rlandhyco@gmail.com www.grandhyco.in IndepeAnudditeonrsRt' e view RepoornSt t andQaulaornteUe nraluyd Fiitneadn cial Reuslts oAfVA NMTiEsLL I MITPEuDr suta otnhteR egul3a3to ifto h SneE B(LIi st ing ObligaatniDdoi nssc lRoesquurier eRmeegnutlsa)2t 0i1o5n s, TOT HEB OARDO FD IRECTOORFS AVA NTELLI MITED Weh avreeie wvetdh e accosmtpaatneoymfSiea tnnngtd a ulanountdee ifidnancial results of MiAsV A NTEL LIMITED foern dt3eht0de hJ uQnuea,ti e2r0 26. Tthhei s statement is responsibility Maonfa gtehamene hdnCa tos m pabapenpeyrn'o bsvy te h dBe oaorfd Directors. O iusr troe sipsosntusheie bsfiiaenl airntecypioarlt b saotsonaen todue rm ents review. Wec nodtuecdo ur reviSetwa toeifmn e tnhatec cordance owni Rtehv ietwh e Standard Engagements (SRE) 2410 "InRfoervmiaetPwie oronfof rm beyIdt n htee rim Financial Independen tth eA uEdnittiotry ' oI,fn sitsiCsthuuaetrtdee A rbcoeycfd o ut nhotefIna dnitas. This standar dp lraenpq euarinfordtne h nrse e vttih ooeabwtt awien amsosduerar astanotc ee whether the financial statements are free of material misstatement. A review is lin1ited p1ima irniqluyio r fctiooemsp any person pnreolc eadnudr teaofisnn aaainllpacyd ptaliticaea dl and prtohvulised asess s u rtahnaacnnae ud Wieth a.vneo pte rforamnae udda inatdc cordingly, we ndoot eaxnap urdeists opinion. Baeds on our r ceovnideuwctedn oatshh iaansbg o tcv oooemu,aer tt eonntt ih caatusetos us believe that stthaet ea mucencnaotum dfipoinaftanenydci inagplr erepedias nru latcsc ordance witahp plicable accounting ascctuoantnidpnargra decssatn i dapcnodl icoitehse r recognized has not disclosed thdei ssicenl indfoot remramotsfi oRne g r3ue3lofq a uttiihroeen d to be SEB1 (ListinagnD di Osbclliogsautrieo nRse quirements) Regulations, 2015 including the manner iitnt obiw esh idcihs ocrtl hoiastte dc,o anntya imn amstiesrsitaaltement. FoGrr an&d hCyo . ChartAecrceodu ntants FR: 001007S (Naresh Chandra Gelli) Partner ICAI Member hip: No.201754 UDIN: 26201754JGCAGY6915 Place: Hyderabad Dat1et1:hJ uly, 2026 AS 91000 avantel ISO 9001:2015 AVA NTEL Limited Registered Office: SY No. 141, Plot No. 47/P, Industrial Park, Gambheeram (V), Anandapuram (M), Visakhapatnam -531163, Andhra Pradesh CrN: L72200AP1990PLC! 1334 Standalone Un-audited financial results for the Quarter ended 30-06-2026 (~ in Lakhs) Quarter Ended Year ended Part [Showing first 8,000 characters — download PDF for full document]