AVANTEL LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/06/2023 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, June 23, 2023, inter alia to consider and approve the proposal for sub-division/split of the Equity shares of the Company having face value of Rs.10/- (Rupees Ten) each fully paid up in such manner as may be determined by the Board of Directors and subject to approval of the shareholders and such authorities as may be required. Further, in accordance with the Company's Code of Conduct for Prevention of Insider Trading, the Company has intimated its 'designated persons' regarding the closure of the Trading Window. Accordingly, the trading window is closed from June 7, 2023, till the expiry of Forty-Eight (48) hours from the conclusion of the Board of Directors Meeting.