Acquisition / mergerFiled on BSE ·
Avantel Limited Board approves merger of Imeds Global Pvt Ltd and MoA alteration
What the filing says
- Board approved altering the Memorandum of Association by adding main objects, subject to shareholder approval by postal ballot.
- Approved merger of wholly owned subsidiary Imeds Global Private Limited into Avantel Limited under Companies Act provisions.
- Imeds Global FY26 revenue ₹16.03 crore, net worth ₹218.28 crore; Avantel FY26 revenue ₹2213.52 crore, net worth ₹3565.05 crore; no share consideration or change in shareholding pattern as Imeds is wholly owned.
Original filing
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
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- Acquisition / mergerAvantel Limited approves MOA alteration and merger with Imeds Global Pvt Ltd
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.