Avance Technologies Share Price Hits 52-Week High on Acquisition Plans

On Wednesday, September 17, Avance Technologies witnessed a surge in its share price as it hit a fresh 52-week high. The rally was driven by the announcement of a non-binding term sheet to acquire India’s premier tech-enabled B2B overstock inventory liquidation platform www.Excess2Sell.com. The proposed acquisition is subject to due diligence and regulatory approvals.

Record Date for Annual General Meeting

The company has set Monday, September 22, 2025, as the record date to determine the members eligible to vote on resolutions at the 41st Annual General Meeting. This is a significant event for shareholders as it finalises the voting list for important company decisions.

Overview of Excess2Sell Platform

Founded with the mission to bridge the gap between excess inventory and value-conscious buyers, www.Excess2Sell.com provides a scalable platform for manufacturers, wholesalers, and retailers. It enables them to liquidate unsold goods efficiently using smart pricing algorithms and consumer insights. The platform deals in categories such as electronics, fashion, home goods, and lifestyle products.

Statement from the Management

“Building on this vision, the proposed acquisition of Excess2Sell will enable Avance Technologies to integrate its robust technological infrastructure with a proven marketplace model, unlocking new avenues for growth in both B2B and B2C segments.”, said Vijay Purohit, CFO of Avance Technologies Limited.

Avance Technologies Share Price Performance

Avance Technologies share price has been on a sharp upward trajectory. On September 17, the stock hit its upper circuit and was up 1.69% as of 12:44 PM. In the last 3 months, the share price has increased by over 200%. 

Read More: Bharat Electronics Wins New Orders Worth ₹712 Crore Across Defence and Tech! 

Conclusion 

Avance Technologies’ move towards acquiring www.Excess2Sell.com signals its intent to tap into a growing segment of overstock liquidation. The recent surge in share price highlights investor attention on this strategic development.

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