Avance Technologies Limited shares are in focus on August 11, 2025. The stock commanded attention ahead of an important corporate development, with the company notifying the exchange about an upcoming board meeting.
The meeting is expected to address key financial matters and strategic funding plans.
Avance Technologies has informed BSE that its board of directors will convene on August 14, 2025, at the company’s registered office in Navi Mumbai. The meeting will focus on reviewing and approving the standalone and consolidated unaudited financial results for the quarter ended June 30, 2025.
Alongside the financial review, the board will also evaluate proposals for raising funds. The company may consider various options such as a preferential issue, rights issue or qualified institutional placement. Any decision will be subject to necessary regulatory and statutory approvals.
Avance Technologies Limited specialises in the distribution of information technology (IT) products. The principal activities of the Company involve the resale of software and hardware.
The company offers a wide range of services, including Digital Media Planning and Buying, Social Media Marketing, Mobile Apps Marketing, WhatsApp e commerce, Video Creation and Marketing, Influencer Marketing, Content and Search Engine Optimization (SEO) Strategy, Marketing Automation, Performance Marketing, Market Research, Artificial Intelligence, Block Chain, Internet of Things (IOT), Cloud Services, Software Testing, Vulnerability Testing, SMS Marketing, and WhatsApp Marketing
As of 1:04 PM on August 11, 2025, Avance Technologies share price hit the upper circuit of 2%.
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This development marks an important phase for Avance Technologies as it prepares to share its quarterly performance and evaluate future capital raising options. Market participants will be watching for updates from the scheduled board meeting to understand the company’s forthcoming plans.
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Published on: Aug 11, 2025, 1:38 PM IST
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