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Avalon Technologies Limited
6 articles
Avalon Technologies is poised for strategic expansion and leadership continuity following recent board decisions. The company approved a 51/49 joint venture with Zollner Elektronik AG to manufacture advanced electronics in India, targeting key verticals like healthcare and industrial sectors, and anticipates incremental revenue from supplying components to the new entity. Simultaneously, Avalon secured the reappointment of Kunhamed Bicha as Chairman & Managing Director and appointed CG Balaji as an Independent Director, ensuring stable governance as the company navigates these growth initiatives, all subject to shareholder approval at the upcoming Annual General Meeting on September 28th.
Avalon Technologies 27th AGM Scheduled September 28
Avalon Technologies schedules 27th Annual General Meeting on September 28, 2026 at 2:30 PM IST via video conference.
Company provides digital access to FY2025-26 Annual Report through website link for
Avalon Technologies FY26 Revenue Up 46% to ₹1,603 Cr
Avalon Technologies reported strong FY26 performance with 46% revenue growth to ₹1,603 Cr and 78% PAT surge to ₹113 Cr, driven by box-build revenue reaching 54%.
The company announced its 27th AGM for
Avalon Technologies 27th AGM Director Appointments Notice
Avalon Technologies schedules its 27th AGM for September 28, 2026, to be held virtually via video conferencing.
Key agenda items include reappointing Kunhamed Bicha as Chairman & MD and appointing CG
Avalon Technologies Board Approves Four Director Appointments
Avalon Technologies board appointed CG Balaji as an Independent Director for a 5-year term effective September 3, 2026.
The board reappointed Kunhamed Bicha as Chairman & Managing Director for another
Avalon and Zollner Form 51-49% India Electronics JV
Avalon Technologies Board approved a Joint Venture Agreement with Zollner Elektronik AG for advanced electronics manufacturing in India.
Zollner will initially hold 51% stake with Avalon holding 49%,
Avalon Technologies JV with Zollner for EMS
Avalon Board approved JV agreement with Zollner Elektronik AG to establish Zollner Avalon Private Limited.
Zollner will hold 51% stake initially, Avalon 49%, with option for Avalon to acquire incremen