Avantel Independent Director Myneni Rao Tenure Completion

Key Details of Cessation

Mr. Myneni Narayana Rao (DIN: 00577494) has ceased to be an Independent Director of Avantel Limited with effect from the close of business hours on June 24, 2026. The cessation is consequent upon completion of his second consecutive term as an Independent Director of the Company.

Reason for Cessation

The cessation is specifically due to completion of tenure and not due to resignation or any other reason, as confirmed in the annexure details.

Board Resolution and Appreciation

The Board of Directors of the Company placed on record its deep appreciation for the valuable guidance, support and contributions made by Mr. Myneni Narayana Rao during his tenure as an Independent Director.

Annexure Details

The annexure provides structured information including:

• Director Name: Mr. Myneni Narayana Rao (DIN: 00577494)
• Reason for Change: Cessation due to completion of second consecutive term
• Effective Date: Close of business hours on June 24, 2026
• Additional Information: Confirmation that cessation is due to tenure completion only

Financial Impact

No financial impact disclosed. The disclosure pertains to governance structure change only.