Avantel Limited has commenced remote e-voting for its postal ballot process to seek shareholder approval for the appointment and re-appointment of directors. The remote e-voting facility opened on Saturday, July 18, 2026, at 09:00 A.M. (IST) and will conclude on Sunday, August 16, 2026, at 05:00 P.M. (IST). The voting entitlement is determined based on the Register of Members or Register of Beneficial Owners as of the cut-off date, Tuesday, July 14, 2026.

The Notice of Postal Ballot was dispatched electronically on Thursday, July 16, 2026, to members with registered email addresses. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has also published the notice in newspapers, including Business Standard and Prajasakti, on July 17, 2026. Physical copies of the notice have not been dispatched, adhering to the Ministry of Corporate Affairs' circulars promoting electronic delivery.

Resolutions for Approval

Shareholders are requested to consider and approve the following special resolutions through remote e-voting:

Postal Ballot Schedule

The key dates for the remote e-voting process are outlined below:

Registrar and Share Transfer Agent Details

Shareholders holding shares in physical form must submit the prescribed request and supporting documents to the Registrar and Share Transfer Agent to update their email addresses. Those holding shares in Demat form should contact their respective Depository Participants.

The Board of Directors has appointed Mr. M. B. Suneel of M/s. P. S. Rao & Associates, Company Secretaries, as the Scrutinizer for conducting the Postal Ballot process. The results of the postal ballot will be declared on Monday, August 17, 2026.

Avantel Limited has appointed Mr. Peddi Bala Bhaskar Rao as Director (Operations) for a term of three years effective July 11, 2026, subject to shareholder approval. The Board of Directors also approved the re-appointment of Mr. Abburi Siddhartha Sagar as Executive Director (Strategy & Business Development) and Mr. Vyasabhattu Ramchander as Independent Director. These decisions were taken during a board meeting held on July 11, 2026.

Mr. Peddi Bala Bhaskar Rao, currently Vice President – Marketing & Customer Support, brings over 30 years of experience in RF System Design and Electronic Warfare. His appointment as an Additional Director is for a term ending July 10, 2029. Mr. Rao holds 1,41,965 equity shares, representing 0.05% of the company's share capital.

Mr. Abburi Siddhartha Sagar has been re-appointed for a further term of five years commencing March 8, 2027, and ending March 7, 2032. He holds 2,25,15,377 equity shares, or 8.47% of the company. Mr. Sagar is the son of Dr. Abburi Vidyasagar, Chairman & Managing Director, and Mrs. Abburi Sarada, Whole-Time Director & Chief Financial Officer.

Mr. Vyasabhattu Ramchander has been re-appointed as an Independent Director for a second consecutive term of five years from May 6, 2027, to May 5, 2032. His re-appointment is subject to a Special Resolution via postal ballot. Mr. Ramchander does not hold any equity shares in the company.

Consequently, the Board reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee with immediate effect. Mr. Vyasabhattu Ramchander will serve as Chairman of the Audit Committee, while Smt. Harita Vasireddi will chair the Nomination and Remuneration Committee.

Director Appointments and Terms