AVANCE TECHNOLOGIES LTD.

Avance Technologies Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will reopen 48 hours after the declaration of the un-audited financial results for the quarter ending June 30, 2026. The exact date of the board meeting to consider these results will be communicated separately. All designated persons, key managerial personnel, directors, and their immediate relatives are prohibited from trading during this period.

Avance Technologies Ltd announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel, Mr. Vijay Purohit. His resignation is effective from June 20, 2026, due to preoccupation with personal and professional commitments. The company has received confirmation that there are no other material reasons for his departure. Mr. Purohit has served as CFO and has no directorships or committee memberships in other listed entities.

Avance Technologies Ltd reported its FY26 financial results, with revenue from operations at ₹15,926 Lakhs and a net profit surge of 150% Y-o-Y to ₹1,324 Lakhs. The company's Q4 FY26 net profit rose to ₹1,037 Lakhs, and FY26 EPS surged 133% to ₹0.07. Consolidated Revenue from Operations for FY26 stood at ₹15,925.60 Lakhs, while consolidated Net Profit increased sharply to ₹1,323.61 Lakhs. For the fourth quarter ended March 31, 2026, consolidated Revenue from Operations stood at ₹3,093.50 Lakhs.

Avance Technologies Ltd announced its FY26 financial results, reporting a consolidated revenue from operations of ₹15,925.60 Lakhs and a net profit of ₹1,323.61 Lakhs, a 150% YoY increase. FY26 EPS stood at ₹0.067 per share, compared to ₹0.027 in FY25. Q4 FY26 net profit was ₹1,037.26 Lakhs, a significant turnaround from the ₹36.23 Lakhs net loss in Q4 FY25. The company focuses on strengthening operational capabilities and exploring technology-driven business segments.

Avance Technologies Ltd announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated revenue from operations of ₹15,925.60 Lakhs for FY26, with net profit increasing by 150% YoY to ₹1,323.61 Lakhs. EPS for FY26 stood at ₹0.067 per share, compared to ₹0.027 in FY25. For Q4 FY26, the company reported a net profit of ₹1,037.26 Lakhs, a significant turnaround from the net loss of ₹36.23 Lakhs in Q4 FY25.

Avance Technologies Ltd has submitted unaudited standalone and consolidated financial results, along with the Limited Review Report, for the quarter and nine months ended December 31, 2025. The results were reviewed by A. Raghavendra Rao & Associates, Chartered Accountants. Standalone revenue from operations for the quarter ended December 31, 2025, was ₹2550.39 Lakhs.

Avance Technologies Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2026. The meeting will also address the Independent Audit Report issued by M/s. A. Raghavendra Rao & Associates. The trading window for dealing in the company's shares has been closed from April 1, 2026, until 48 hours after the declaration of the financial results.

Avance Technologies Ltd has appointed M/s. A. Raghavendra Rao & Associates as the new Statutory Auditors, replacing M/s. Rishi Sekhri & Associates due to resignation. The appointment, effective from May 20, 2026, is subject to shareholder approval. A. Raghavendra Rao & Associates is a firm established in 1986, specializing in audit, taxation, assurance, compliance, and financial advisory services.

Avance Technologies Ltd has appointed M/s. A. Raghavendra Rao & Associates as the new Statutory Auditors, effective May 20, 2026, following the resignation of M/s. Rishi Sekhri & Associates. The appointment, based on the Audit Committee's recommendation, is subject to shareholder approval. A. Raghavendra Rao & Associates is a firm established in 1986, specializing in audit, taxation, assurance, compliance, and financial advisory services.

Avance Technologies Ltd announced the resignation of its Statutory Auditor, M/s. Rishi Sekhri & Associates, Chartered Accountants, effective April 24, 2026. The auditor cited serious medical conditions and an inability to perform statutory audit duties effectively as the reason for their resignation. M/s. Rishi Sekhri & Associates was appointed for a five-year term from FY 2022-23 to FY 2026-27. The last audit report submitted was for the half-year ended September 30, 2025. The company's Board will initiate steps to appoint a new Statutory Auditor to fill the casual vacancy and will inform the exchange accordingly.