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Avance Share Price Hits Upper Circuit Of 2% Amid Board Meeting Announcement

Written by: Team Angel OneUpdated on: 11 Aug 2025, 10:18 pm IST
Avance share price hits the upper circuit of 2% as the company announces a board meeting to discuss the June quarter results and potential fundraising.
Avance Share Price Hits Upper Circuit Of 2% Amid Board Meeting Announcement
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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.

Board Meeting Scheduled For August 14, 2025

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.

Consideration Of Fund Raising Plans

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.

About Avance Technologies

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

Avance Technologies Share Price Performance

 As of 1:04 PM on August 11, 2025, Avance Technologies share price hit the upper circuit of 2%.

Read More: Welcure Drugs And Pharmaceuticals Share Price Hits Upper Circuit On Stock Split And Bonus Issue Proposal!

Conclusion 

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Aug 11, 2025, 1:38 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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