NSEAgreements8 Oct 2026 · 8 Oct 2026, 06:04 pm
Agreements
Avalon Technologies Limited · AVALON
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Avalon Technologies Limited has informed the Exchange about the execution of a lease agreement with State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) for setting up an industrial unit at SIPCOT Industrial Park, Oragadam, Kancheepuram District, Tamil Nadu.
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Full Announcement
Avalon Technologies Limited has informed the Exchange about Execution of Lease Agreement with State Industries Promotion Corporation of Tamil Nadu Limited ( SIPCOT ).
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AVALON2022_08102026180420_ATL_Lease_Announcement.pdf
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To: To:
BSE Limited The Manager
Corporate Relationship Department, Listing Department,
PJ Towers, The National Stock Exchange of India Limited,
Dalal Street, “Exchange Plaza”, Bandra – Kurla Complex,
Mumbai -400001 Bandra (EAST), Mumbai – 400051
BSE SCRIP CODE: 543896 NSE SYMBOL: AVALON
Sir/Madam,
Sub: - Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“Listing Regulations”), we wish to inform you that Avalon Technologies Limited (“Company”), has executed a
Lease Deed today with the State Industries Promotion Corporation of Tamil Nadu Limited (“SIPCOT”) for the
lease of land located at Plot No. A-53 & A-54, SIPCOT Industrial Park, Oragadam, Kancheepuram District, Tamil
Nadu, for the purpose of setting up an industrial unit.
Disclosure under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026, are attached as Annexure A.
You are requested to take the above information on record.
Yours sincerely,
For Avalon Technologies Limited
Name of the Person: Mr. Ajay Shukla
Designation: Company Secretary & Compliance Officer
M. No: A36992
Date: October 08, 2026
ANNEXURE – A
Details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read
with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sl. No Particulars Details
The Lease Deed has been entered between Avalon
Name(s) of parties with whom the agreement Technologies Limited (“Company”) and State
is entered; Industries Promotion Corporation of Tamil Nadu
Limited (“SIPCOT”).
2. Purpose of entering into the agreement; To set up an industrial unit at SIPCOT Industrial
Park, Oragadam, Kancheepuram District, Tamil
Nadu.
3. Size of agreement Lease of land admeasuring 25.08 acres, situated at
SIPCOT Industrial Park, Oragadam, Kancheepuram
District, Tamil Nadu.
4. Shareholding, if any, in the entity with whom None.
the agreement is executed
5. Significant terms of the agreement (in brief) Lease of land for setting up an industrial unit at
special rights like right to appoint directors, SIPCOT Industrial Park, Oragadam, Kancheepuram
first right to share subscription in case of District, Tamil Nadu, for a period of ninety-nine
issuance of shares, right to restrict any change years.
in capital structure etc.;
No other special rights are conferred on both parties
under the agreement, other than the customary rights
and obligations arising under the lease agreement
with SIPCOT.
6. Whether, the said parties are related to No
promoter/promoter group/ group companies
in any manner. If yes, nature of relationship;
7. Whether the transaction would fall within No
related party transactions? If yes, whether the
same is done at “arm’s length”;
8. Any other disclosures related to such None
agreements, viz., details of nominee on the
board of directors of the listed entity,
potential conflict of interest arising out of
such agreements, etc.;
Yours sincerely,
For Avalon Technologies Limited
Name of the Person: Mr. Ajay Shukla
Designation: Company Secretary & Compliance Officer
M. No: A36992
Date: October 08, 2026