Avalon Technologies Ltd

Avalon Technologies Limited will hold a board meeting on November 12, 2026, to approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, as stipulated under SEBI’s Listing Obligations and Disclosure Requirements.

Avalon Technologies Limited announced on Friday, October 30, 2026, that its Nomination and Remuneration Committee allotted 16,138 equity shares to employees following the exercise of Employee Stock Options under the “AVALON - Employee Stock Option Plan 2022” at exercise prices of INR 20/-, INR 700/- & INR 759/- per share, increasing the company's paid-up capital from INR 13,37,64,600 to INR 13,37,96,876.

Avalon Technologies Limited has incorporated a wholly owned subsidiary, Zollner Avalon Private Limited, on October 19, 2026, in India, according to a regulatory filing. Avalon will initially hold 100% of the subsidiary's equity, with Zollner subsequently subscribing to shares representing 51% of the issued and paid-up share capital, subject to conditions in a joint venture agreement. The new company will operate as a manufacturing and services platform for printed circuit board assembly and related services, and Avalon will initially subscribe to 9,800 equity shares with a total value of Rs 98,000.

Avalon Technologies Limited informed the BSE Limited and National Stock Exchange of India Limited that they have not received any requests for dematerialization or rematerialization for the quarter ended September 30, 2026, according to a certificate from their Registrar and Share Transfer Agent, MUFG Intime India Private Limited. The company, which listed its equity shares with the BSE Limited and National Stock Exchange of India Limited on April 18, 2023, confirmed that 100% of its shares are in dematerialized form.

Avalon Technologies Limited has executed a lease deed with State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) for the lease of 25.08 acres of land located at SIPCOT Industrial Park, Oragadam, Kancheepuram District, Tamil Nadu, to set up an industrial unit for a period of ninety-nine years.

Avalon Technologies Limited will close its trading window for designated persons and their immediate relatives from Thursday, October 1, 2026, until 48 hours after the announcement of the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, as per the SEBI (Prohibition of Insider Trading) Regulations, 2015.

India Glycols Ltd, Syrma SGS Technology Ltd, Adani Total Gas Ltd and The Bombay Burmah Trading Corporation Ltd are among the other gainers in the BSE's 'A' group today, 18 September 2026.Avalon Technologies Ltd surged 10.49% to Rs 2465.1 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 68164 shares were traded on the counter so far as against the average daily volumes of 23594 shares in the past one month. India Glycols Ltd soared 9.62% to Rs 273. The stock was the second biggest gainer in 'A' group. On the BSE, 67786 shares were traded on the counter so far as against the average daily volumes of 39292 shares in the past one month. Syrma SGS Technology Ltd spiked 7.93% to Rs 1744. The stock was the third biggest gainer in 'A' group. On the BSE, 3.93 lakh shares were traded on the counter so far as against the average daily volumes of 1.55 lakh shares in the past one month. Adani Total Gas Ltd jumped 6.93% to Rs 627.5. The stock was the fourth biggest gainer in 'A' group. On the BSE, 2.83 lakh shares were traded on the counter so far as against the average daily volumes of 1.76 lakh shares in the past one month. The Bombay Burmah Trading Corporation Ltd gained 6.19% to Rs 1485.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 19.3 lakh shares were traded on the counter so far as against the average daily volumes of 50326 shares in the past one month.

Avalon Technologies Limited announced that its board of directors approved the appointment of Mr. CG Balaji as an Additional Director (Independent Category) for a five-year term, subject to shareholder approval. The board also re-appointed Mr. Kunhamed Bicha as Chairman & Managing Director for a further five-year period, effective July 12, 2027, and re-appointed Mr. Venkataramani Anantharamakrishnan and Mr. Byas Unnikrishnan Nambisan as Independent Directors for a second five-year term, effective July 7, 2027, and July 19, 2027, respectively, both also subject to shareholder approval.

Avalon Technologies is forming a joint venture with Zollner, incorporating a new entity in India with an initial authorized share capital of INR 2,00,000, in which Avalon will initially hold 100% ownership before Zollner acquires a 51% stake. Avalon’s initial investment will be INR 98,000 for 9,800 shares. The company also announced several board appointments and re-appointments, including C.G. Balaji as an Additional Independent Director, effective September 3, 2026, and the re-appointments of Kunhamed Bicha as Chairman & Managing Director, Venkataramani Anantharamakrishnan, Byas Unnikrishnan Nambisan as Independent Directors, all subject to shareholder approval and extending for five years. These moves signal a period of growth and strategic expansion for Avalon Technologies.

Avalon Technologies Limited has entered into a joint venture agreement with Zollner Elektronik AG to establish a manufacturing and services platform in India, called Zollner Avalon Private Limited, with Zollner holding a 51% stake and Avalon 49%. Avalon may have the option to acquire an additional 2% stake, bringing its ownership to 51%, and the joint venture will focus on printed circuit board assembly, box-build, system integration, and related services, initially incorporated as a wholly owned subsidiary of Avalon.