Acquisitions16 Jul 2025, 06:54 pm
Avance Technologies Ltd. to Acquire Checkers India Technology
AI Summary
Avance Technologies Limited, in accordance with Regulation 30 of the SEBI(Listing Obligation and Disclosure Requirements) Regulations, 2015, has announced its intention to acquire Checkers India Technology Private Limited. The acquisition is subject to due diligence, negotiation of definitive agreements, and necessary regulatory approvals. Avance Technologies Limited has executed a non-binding term sheet for the proposed acquisition, which is a leading tech-enabled B2B inventory liquidation marketplace in India. The company will make further disclosures as and when material developments occur.
Key Highlights
- Avance Technologies Limited to acquire Checkers India Technology Private Limited
- Acquisition subject to due diligence, negotiation of definitive agreements, and regulatory approvals
- Checkers India Technology is a leading tech-enabled B2B inventory liquidation marketplace in India
- Avance Technologies Limited has executed a non-binding term sheet for the proposed acquisition