Avance Technologies Limited has announced that its board meeting will be held on Friday, May 29, 2026, at the company's registered office. The primary agenda for the meeting is to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026, both on a standalone and consolidated basis.

The board will also review the Independent Audit Report to be issued by the statutory auditor, M/s. A. Raghavendra Rao & Associates, Chartered Accountants, for the same period. Any other business matters with the permission of the Chairman may also be transacted during the meeting.

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's shares has been closed since April 1, 2026. This restriction applies to all Directors, Promoters, Key Managerial Personnel (KMPs), and Designated Persons of the company, as well as their immediate relatives. The window will remain closed until the expiry of 48 hours from the declaration of the financial results.

Key Meeting Details

The meeting will be conducted at the registered office located at 404, Corporate Annexe, Sonawala Road, Goregaon (East), Mumbai, Maharashtra. Latesh Poojary, Managing Director, signed the intimation sent to the exchanges.

Avance Technologies Limited has appointed M/s. A. Raghavendra Rao & Associates, Chartered Accountants, as its statutory auditor to fill a casual vacancy. The decision was taken by the Board of Directors during its meeting held on May 20, 2026. The appointment is subject to the approval of the shareholders.

The vacancy arose due to the resignation of the previous auditor, M/s. Rishi Sekhri & Associates. The new firm, M/s. A. Raghavendra Rao & Associates, holds a Firm Registration Number (FRN) of 003324S and a PRC No. of 018363.

Details of the Appointment

The appointment is effective immediately from May 20, 2026. The Board's decision was based on the recommendation of the Audit Committee. The following table outlines the key particulars of the appointment:

About the New Auditor

M/s. A. Raghavendra Rao & Associates is a reputed partnership firm established in 1986. The firm provides professional services in audit, taxation, assurance, compliance, and financial advisory. Its clientele includes corporates, banks, government organizations, and other business entities across India.

With nearly 40 years of professional standing, the firm has significant experience in conducting statutory and internal audits. It also offers accounting support, regulatory compliance services, and strategic advisory solutions. The firm operates across diverse sectors such as manufacturing, infrastructure, banking and finance, information technology, healthcare, real estate, and educational institutions.