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Avantel to merge wholly owned unit Imeds

PRIVATEOct 26, 2026

Acquiring Company

Avantel

Acquired Company

Imeds Global Private Limited

IndiaIndiaManufacturingManufacturingHealth CareMedical Device

Description

Avantel Limited's board approved merging its wholly owned subsidiary Imeds Global Private Limited into the company on October 26, 2026. No shares will be allotted and no cash consideration will be paid, and the scheme requires NCLT Amaravati Bench sanction and other regulatory approvals. The move aims to rationalise the group structure and improve operational efficiency.

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Company Information

Company

Avantel

Location

India

About

Avantel is involved in the production of defense and strategic electronics. The company focuses on indigenous manufacturing and technology development within India’s defense sector. With an emphasis on local supply chains, Avantel contributes to reducing reliance on imports. The company aims to support and enhance domestic defense capabilities.

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Frequently asked

Who acquired Imeds Global Private Limited?

Imeds Global Private Limited was acquired by Avantel, based in India. The deal was reported on October 26, 2026. Avantel is involved in the production of defense and strategic electronics. The company focuses on indigenous manufacturing and technology development within India’s defense sector. Avantel is privately held and operates in Manufacturing.

When did Avantel acquire Imeds Global Private Limited?

Avantel's acquisition of Imeds Global Private Limited was reported on October 26, 2026. Avantel Limited's board approved merging its wholly owned subsidiary Imeds Global Private Limited into the company on October 26, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Imeds Global Private Limited do?

Imeds Global Private Limited is a wholly owned subsidiary of Avantel Limited. It designs and manufactures medical electronic devices, including respiratory care and patient monitoring solutions. It is privately held, operating in Manufacturing, and is based in India.

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