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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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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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