Avance Technologies Incorporates Wholly Owned Subsidiary

Avance Technologies Ltd has announced the incorporation of its wholly owned subsidiary, "Avance Holding Private Limited", on October 21, 2026. The subsidiary has an authorized share capital of ₹25,00,000, divided into 2,50,000 equity shares of ₹10 each. The objective of this new entity is to undertake investment activities in securities and other financial instruments, aiming to create opportunities for long-term growth and future prospects. The company has fully subscribed to the initial share capital of the subsidiary.