Avance Technologies Share Price Today

Avance Technologies passes all resolutions at 42nd AGM

All three ordinary resolutions passed with over 99% support. Voting turnout was 14,853,822 shares, or 0.75% of outstanding shares. Director Deepak Mane re-appointed; new statutory auditors approved. Promoter group cast zero votes in any category.

Avance Technologies sets Sep 22 cut-off for AGM e-voting eligibility

Avance Technologies set September 22, 2026, as the cut-off date for e-voting eligibility. The 42nd AGM is scheduled for September 29, 2026, in Mumbai. Remote e-voting runs from September 26 to September 28, 2026. Board approved reappointment of statutory auditor for FY27-FY31. Director Deepak Yallappa Mane seeks reappointment by rotation.

Avance Technologies shareholders approve auditor and director appointments

Avance Technologies Limited shareholders approved the appointment of A. Raghavendra Rao & Associates as statutory auditors, Santosh Hambare as MD, and Dipak Gaikwad as independent director. All resolutions passed with >97% support from participating non-institutional shareholders, while promoters abstained.

Avance Technologies consolidated profit rises 52% in Q1FY27

Avance Technologies posted a consolidated net profit of ₹246.59 lakh in Q1FY27, up from ₹162.06 lakh in Q1FY26, driven by a rise in consolidated revenue to ₹6,064.73 lakh. Conversely, standalone net profit fell to ₹27.96 lakh as standalone revenue dropped to ₹1,788.70 lakh. The results were approved by the Board on August 11, 2026.

Avance Technologies seeks postal ballot approval for auditor, director appointments

Avance Technologies Limited has initiated a postal ballot process to secure shareholder approval for the appointment of M/s. A. Raghavendra Rao & Associates as statutory auditors, Mr. Santosh Hambare as Managing Director for five years, and Mr. Dipak Gaikwad as Non-Executive Independent Director for five years. The remote e-voting period commences on July 16, 2026, and concludes on August 14, 2026, with the cut-off date for eligibility set as June 26, 2026.

Avance Technologies appoints Santosh Hambare as Managing Director

Avance Technologies restructured its leadership on June 30, 2026, appointing Santosh Hambare as Managing Director and CFO, and Dipak Gaikwad as Independent Director. Latesh Poojary was redesignated as Non-Executive Director. The appointments are subject to shareholder approval within three months.