Avantel Limited — Board Meeting, 27-03-2025: Outcome of Board Meeting

The Board of Directors of Avantel Limited has approved several key decisions, including the re-appointment of Dr. Abburi Vidyasagar as Managing Director for three years starting April 1, 2025, and Smt. Abburi Sarada as Whole-time Director for a similar term starting May 8, 2025. Additionally, Mrs. Mini Ipe has been appointed as an Independent Director for five years. The Board has also approved the "Avantel Employees Stock Option Plan 2025," which will offer up to 45,00,000 equity shares to eligible employees, representing about 1.84% of the company’s equity.