Announced Sat, 20 Jun, 2026 · 19:27 IST

CFO Vijay Purohit resigns from Avance Technologies

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹0.97

prior close

₹0.96

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+0.2% vs market

Software Products peers, median of 40sector+0.4%+0.7% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.7 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

+1.0

15m

+0.0

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.8+0.2+0.4+0.7

Next day

-1.0+0.1-1.2-0.6-0.4

-1.0+0.0-1.1-0.9-0.1

-1.0-0.6-0.4-0.6-0.5

-3.1-0.9-2.2-2.0-1.1

-4.1+0.2-4.3-2.5-1.6

+2.1+1.2+0.9-1.9+3.9

15d

-6.2+0.7-6.9-3.0-3.2

-6.2-0.4-5.7-5.4-0.8

—+5.2—-4.8—

—+5.4—-7.9—

UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 40Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Vijay Purohit has resigned as Chief Financial Officer of Avance Technologies Ltd, effective close of business on June 20, 2026. He cited preoccupation with personal and professional commitments and confirmed there are no other material reasons. The resignation letter was submitted on June 18, 2026. No replacement has been announced yet.

Likely market impact

CFO exit may cause short-term uncertainty around financial reporting and leadership continuity. Watch for announcement of a new CFO.