Held on 06 April 2017
Avantel announced that the Board of Directors of the Company at its meeting held on 06 April 2017 has transacted the following -1.Resolved to sell/ dispose off the immovable property in the name of the company located at Plot No.16, Sector-III, Huda Techno Enclave, Madhapur, Hyderabad to M/s. Tetra Soft (India) Private Limited together with all the tangible assets for a consideration of Rs. 18 Crores, subject to approval of the shareholders.
2.Approved the Postal Ballot and E-voting Notice for obtaining the approval of the Shareholders of the Company to the sell/ dispose off the immovable property in the name of the company located at Plot No.16, Sector-III, Huda Techno Enclave, Madhapur, Hyderabad to M/s. Tetra Soft (India) .
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