India Exchange Filings

Avalon Technologies Board Meeting Highlights

Avalon Technologies Ltd approves preferential placement of up to ₹425 crore in warrants to Zollner Elektronik AG

  • Up to 1,937,808 warrants priced at ₹2,193.20 each; each warrant is convertible into one equity share and exercisable within 18 months.
  • Issue is subject to shareholder and other required approvals; amendments to the Articles of Association were also approved.
  • EGM scheduled for 21 November 2026; CRISIL Ratings appointed as monitoring agency for the proceeds.

Original Filing: https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ac5ccda-0e42-4c82-abe7-70c4c9eecd4c.pdf

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