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Captain Returns—Avantel Reappoints Dr. Vidyasagar to Steer the Ship Through 2028

Updated: June 23, 2025 19:39

Image Source: www.avantel.in
Avantel Ltd (NSE: AVAN.NS) has officially reappointed Dr. Abburi Vidyasagar as its Managing Director for the new three-year term, establishing its commitment to continuity of leadership and direction. The Board of Directors of the company approved this and it is a reflection of the confidence in the stewardship and vision of Dr. Vidyasagar.
 
1. Leadership Continuity
  • Dr. Vidyasagar, who has been the director of Avantel since its incorporation, will lead the company during its next cycle of expansion.
  • His reappointment is with effect from March 27, 2025, and will remain in force until March 26, 2028, subject to shareholder approval.
2. Strategic Importance
  • Under his direction, Avantel has diversified its operations in telecommunications, defence electronics, and satellite communication systems.
  • The company reported standalone net profit of ₹59.56 crore in FY2024–25 recently, reflecting robust operational performance.
  • Dr. Vidyasagar's leadership for another period is expected to drive innovation and accelerate Avantel's emphasis on strategic segments.
3. Company Snapshot
  • Avantel Ltd is a leader in RF and microwave-based communication systems with a strong footprint in defense and aerospace.
  • The company is listed on BSE as well as NSE, and has been actively investing in capacity growth and R&D.
Sources: India Infoline, Capital Market, Economic Times

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