Avalon Technologies Limited (AVALON)
Updates
Board approved reclassification of Mr. Bhaskar Srinivasan and promoter group from Promoter to Public category. They hold 9.42% shares collectively and do not control or manage the company. Approval is subject to SEBI regulations and necessary approvals. Applicants confirmed no special rights, control, or board representation. They will comply with ongoing SEBI Listing Regulations post-reclassification.
Source: Original filing PDF
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🚨 AVALON — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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