Avantel Limited is prominent Indian technology company specialising in advanced communication and technology solutions for defence and aerospace. The board approved rights issue of up to 2.02 crore shares at ₹40 each, aiming to raise ₹8090.44 lakh. The record date is May 7, 2025. Opening May 15 and closing May 22, eligible shareholders get 10 shares for every 121 held.