Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

The postal ballot is conducted through remote e-voting only without any physical meeting. The voting period commences at 09:00 A.M. (IST) on Wednesday, September 23, 2026, and ends at 05:00 P.M. (IST) on Thursday, October 22, 2026.

Proposed Resolution Summary

The special resolution seeks approval for alteration of the Objects Clause of the Memorandum of Association by insertion of six new clauses (16 to 21) covering:

  • Medical devices, medical electronic equipment, healthcare services, and telemedicine
  • Satellite systems, spacecraft, ground segment infrastructure, and space-based services
  • Energy systems including nuclear, solar, wind, hydrogen, and energy storage
  • Mechanical, electrical, and electronic components manufacturing and engineering services
  • Microelectronic and radio frequency modules, semiconductor assembly and testing
  • Artificial intelligence, machine learning, IoT, cybersecurity, and digital platforms

The alteration is proposed in view of the planned merger of Imeds Global Private Limited (wholly-owned subsidiary) into Avantel Limited and the company's future business plans.

Voting Process and Methods

The voting will be conducted exclusively through remote e-voting facility provided by KFin Technologies Limited. Physical copies of the notice and ballot forms are not being sent to members in compliance with MCA circulars.

Members can vote through two methods:

1. For demat holders: Through NSDL (https://eservices.nsdl.com or https://www.evoting.nsdl.com/) or CDSL (https://web.cdslindia.com/myeasitoken/home/login or www.cdslindia.com)

2. For physical shareholders and non-individual members: Through KFintech's platform (evoting.kfintech.com) using User ID and Password sent via email

The cut-off date for determining voting rights is September 18, 2026.

Key Voting Timeline and Outcome Declaration

  • Remote e-voting period: September 23, 2026 (9:00 AM IST) to October 22, 2026 (5:00 PM IST)
  • Results declaration: October 23, 2026
  • Results will be submitted to BSE and NSE within 48 hours of voting conclusion
  • Results will be uploaded on company website (www.avantel.in) and KFintech website (evoting.kfintech.com)

Scrutinizer Appointment and Role

Mr. M. B. Suneel (Membership No. ACS 31197, CP No. 14449) of M/s. P. S. Rao & Associates, Company Secretaries, has been appointed as Scrutinizer to conduct the postal ballot process in a fair and transparent manner. The Scrutinizer will submit his report to the Chairman upon completion of vote scrutiny.

Compliance Confirmation

The notice confirms compliance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MCA Circulars, and Secretarial Standard on General Meetings (SS-2).

Additional Information

The explanatory statement discloses that none of the Directors, Key Managerial Personnel, or their relatives are interested in the resolution except to the extent of their shareholding. The existing MOA with proposed alterations is available for electronic inspection by members upon request to cs@avantel.in.