Avantel to Merge Imeds Global, Expands Business Areas
Avantel's board approved adding new business areas and merging Imeds Global. Merger simplifies structure, no share issuance; changes need shareholders' postal ballot approval. Source: ScoutQuest
Stock news timeline · AVANTEL
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23 Aug 2026 – 21 Sep 2026 · Times in IST
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Avantel's board approved adding new business areas and merging Imeds Global. Merger simplifies structure, no share issuance; changes need shareholders' postal ballot approval. Source: ScoutQuest
Avantel Ltd announces a board meeting on Sep 18, 2026, to consider merger of Imeds Global Pvt Ltd. Trading window for Avantel securities closed from Sep 13, 2026, until 48 hours post board meeting outcome. Source: BSE
Avantel Ltd secured a DRDO contract for ground segment hub development. Project includes voice/data communication, completion by Feb 2029. Source: ScoutQuest