Avalon Technologies Limited

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange regarding the incorporation of Zollner Avalon Private Limited, a wholly owned subsidiary.

Avalon Technologies Limited

Avalon Technologies Limited has been assigned an Environmental, Social, and Governance (ESG) rating of 'Crisil ESG 58' under the 'Adequate' Category by Crisil ESG Ratings & Analytics Limited.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018, confirming that no dematerialization or rematerialization requests were received for the quarter ended September 30, 2026.

Avalon Technologies Limited

Avalon Technologies Limited has clarified its earlier disclosure regarding the appointment and re-appointment of Directors, confirming that the appointed Directors are not debarred from holding office.

Avalon Technologies Limited

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.

Avalon Technologies Limited

Avalon Technologies Limited has received a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 from its promoter Bhaskar Srinivasan, regarding the sale of equity shares.

Avalon Technologies Limited

Avalon Technologies Limited has submitted the Scrutinizer's report of the 27th Annual General Meeting held on September 28, 2026, and informed the Exchange regarding voting results.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.

Avalon Technologies Limited

Avalon Technologies Limited has clarified that a proposed stake sale by Mr. Bhaskar Srinivasan's promoter group is not related to Mr. Kunhamed Bicha or his promoter group, and provided an update on the shareholding of Mr. Bhaskar Srinivasan's promoter group.

Avalon Technologies Limited

Avalon Technologies Limited held its 27th Annual General Meeting (AGM) on September 28, 2026, through video conferencing. The meeting was attended by the Chairman, Managing Director, auditors, and other invitees. The resolutions, including the re-appointment of the Chairman and Managing Director, were passed through electronic voting. The voting results will be intimated to the stock exchange and placed on the company's website.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange about the dispatch of AGM Notice and Annual Report and e-voting related matters through newspaper publication.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange regarding the 27th Annual General Meeting (AGM) and the availability of the Integrated Annual Report for the Financial Year 2025-26.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange about change in Management, with the Board of Directors approving the appointment of Mr. CG Balaji as an Additional Director (Independent Category), re-appointment of Mr. Kunhamed Bicha as the Chairman & Managing Director, and re-appointment of Mr. Venkataramani Anantharamakrishnan and Mr. Byas Unnikrishnan Nambisan as Independent Directors.

Avalon Technologies Limited

Avalon Technologies Limited has formed a joint venture with Zollner Elektronik AG for advanced electronics manufacturing in India, expanding Avalon's access to global customers and adding new industry verticals.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange about the Joint Venture Agreement with Zollner Elektronik AG to establish a joint venture company, Zollner Avalon Private Limited, with a 51% stake held by Zollner and 49% stake held by Avalon. The joint venture aims to establish a long-term India-based manufacturing and services platform for printed circuit board assembly, box-build, and system integration.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange regarding the outcome of its Board Meeting held on September 03, 2026, where the Board approved the execution of a Joint Venture Agreement with Zollner Elektronik AG to establish a joint venture company, incorporation of a wholly owned subsidiary, appointment of an Additional Director, and re-appointment of the Chairman & Managing Director and two Independent Directors.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange about the grant of 90,000 Employee Stock Options (ESOPs) to eligible employees under the Avalon Employee Stock Option Scheme 2022, at a discount of 20% on the latest available closing price of the shares.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange about the allotment of 70,545 shares to employees upon exercise of Employee Stock Options (ESOPs) at an exercise price of INR 20/- & INR 700/-, increasing the company's paid-up capital.

Avalon Technologies Limited

Avalon Technologies Limited has informed the Exchange about the affirmation and withdrawal of credit ratings on its bank loan facilities by India Ratings and Research (Ind-Ra). The ratings were affirmed at 'IND A-' with a positive outlook and 'IND A1' before being withdrawn.