Avantel has announced a recommendation for a final dividend of Re.0.20 per equity share for the financial year 2025-26. This dividend represents 10% of the face value of each share, which is ₹2. The proposal is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).
The company has specified that the dividend, if approved, will be distributed to shareholders whose names are recorded in the Register of Members or as beneficial owners as of June 12, 2026, which has been set as the record date.
Avantel has confirmed that all other resolutions and decisions from the Board Meeting held on April 26, 2026, remain unchanged.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).