Acquisition / mergerFiled on BSE ·
Avantel Limited approves MoA alteration and merger with Imeds Global Pvt Ltd
What the filing says
- Board approved alteration of Memorandum of Association to add new Main Objects, subject to shareholder postal ballot and approvals.
- Proposed merger of Imeds Global Private Limited (wholly owned subsidiary) into Avantel Limited under Companies Act sections 230-232.
- Imeds reported revenue of ₹1.60 crore and net worth of ₹21.83 crore for FY 2026; Avantel reported revenue of ₹221.35 crore and net worth of ₹356.50 crore for FY 2026.
Original filing
Board Meeting Outcome for Outcome Of The Board Meeting Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015
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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.