Avalon Technologies Limited has announced key appointments and re-appointments to its Board of Directors, approved during a meeting on September 3, 2026. Mr. CG Balaji has been appointed as an Additional Director under the Independent Category. Additionally, Mr. Kunhamed Bicha has been re-appointed as Chairman & Managing Director, and Mr. Venkataramani Anantharamakrishnan and Mr. Byas Unnikrishnan Nambisan have been re-appointed as Non-Executive Independent Directors. All appointments are subject to shareholder approval and are for a term of 5 consecutive years.
Avalon Technologies Board Meeting Decisions
At a Board of Directors meeting held on September 3, 2026, Avalon Technologies Limited approved several key appointments and re-appointments aimed at strengthening its leadership and governance structure. These decisions, made inter-alia, are designed to ensure continued strategic direction and oversight for the company.
Key Director Appointments and Re-appointments
Appointment of Mr. CG Balaji
Following a recommendation from the Nomination and Remuneration Committee, the Board has approved the appointment of Mr. CG Balaji (DIN:11879293) as an Additional Director under the Independent Category. This appointment is for a period of 5 consecutive years, effective from September 3, 2026. The appointment is subject to the approval of the company’s shareholders at the upcoming Annual General Meeting.
Re-appointment of Mr. Kunhamed Bicha
The Board has also approved the re-appointment of Mr. Kunhamed Bicha (DIN: 00819707) as the Chairman & Managing Director of the Company. This re-appointment will be for a further period of 5 consecutive years, commencing from July 12, 2027. As with other appointments, this is contingent upon shareholder approval.
Re-appointment of Independent Directors
Furthermore, two Non-Executive Independent Directors have been re-appointed for their second terms. Mr. Venkataramani Anantharamakrishnan (DIN: 00277816) has been re-appointed as a Non-Executive Independent Director for a term of 5 consecutive years, effective from July 07, 2027. Similarly, Mr. Byas Unnikrishnan Nambisan (DIN:01342141) has been re-appointed as a Non-Executive Independent Director for a second term of 5 consecutive years, commencing July 19, 2027. Both re-appointments are subject to shareholder approval.
Board Meeting Details
The Board meeting commenced at 05.00 P.M. and concluded at 05.25 P.M. on September 3, 2026. The company has provided requisite disclosures as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, attached as annexures to the disclosure.
Source: BSE
