Latest news about Avance Technologies
Avance Technologies
0.98
+0.01(+1.03%)
Company Performance:
View Company Insights1D+1.03%
1M+1.03%
6M-29.50%
1Y+30.67%
5Y+100.00%
More news about Avance Technologies
13Apr 26
Avance Technologies Submits SEBI Compliance Certificate for Q4 FY26
Avance Technologies Limited filed its quarterly SEBI compliance certificate for Q4 FY26 on April 13, 2026, covering the period ended March 31, 2026. The certificate, prepared by Registrar M/s. Purva Shareregistry (India) Pvt. Ltd., confirms adherence to dematerialization regulations under SEBI (Depositories and Participants) Regulations, 2018. The filing shows no dematerialization activity during the quarter, with all parameters showing 'NIL' entries, indicating no share certificates were processed for conversion to electronic form during this period.
01Jan 26
Avance Technologies Signs Agreement To Acquire Full Stake In Pushpak AI Platform
Avance Technologies Limited has signed a non-binding term sheet to acquire up to 100% equity stake in Pushpak AI, a Hyderabad-based computer vision and edge AI platform. The acquisition positions the BSE-listed company to enter the visual intelligence sector, with Pushpak AI serving established enterprise clients across automotive, infrastructure, and government sectors including Maruti Suzuki, Larsen & Toubro, and Smart City Bhubaneswar.
13Nov 25
Avance Technologies Reports Standalone Loss in Q2, Revenue Grows
Avance Technologies Limited announced Q2 and H1 FY26 results. Q2 saw revenue growth of 23.83% to ₹2,516.38 lakhs, but net profit declined 54.65% to ₹88.07 lakhs. H1 revenue doubled to ₹5,037.19 lakhs, while net profit decreased 39.29% to ₹142.20 lakhs. Total expenses increased significantly in both periods, impacting profitability despite strong revenue growth.
14Aug 25
Avance Technologies Reports Strong Q1 Growth, Appoints New Chairman, and Plans Rights Issue
Avance Technologies Limited announced Q1 FY2026 results with standalone revenue rising 496% YoY to Rs 2,520.81 crore and profit increasing 35.3% to Rs 54.13 crore. Consolidated revenue declined 20.2% to Rs 3,741.90 crore with profit at Rs 162.06 crore. The company appointed Mr. Latesh Poojary as Chairman and Managing Director, subject to shareholder approval. A rights issue to raise up to Rs 49.90 crore was approved.
16Jul 25
Avance Technologies Signs Term Sheet to Acquire Excess2Sell, Entering B2B Inventory Liquidation Market
Avance Technologies Limited has signed a non-binding term sheet to acquire Checkers India Technology Private Limited, which operates the B2B inventory liquidation marketplace Excess2Sell.com. This strategic move marks Avance's entry into the overstock inventory liquidation space. The acquisition, subject to due diligence and approvals, aims to integrate Excess2Sell's marketplace model with Avance's technological infrastructure, potentially unlocking new growth opportunities in B2B and B2C segments. Excess2Sell.com offers a scalable solution for liquidating surplus stock across various categories including electronics, fashion, and home goods.
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