In pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company along with the ....
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Avance Technologies Limited has submitted its 41st Annual Report for FY 2024-25 along with the notice for its 41st Annual General Meeting, scheduled for Monday, 29th September 2025 at 12:00 PM via video conferencing. On a standalone basis, revenue from operations declined to ₹5,793.19 Lakhs from ₹6,928.93 Lakhs, but EBITDA improved 44% to ₹321.52 Lakhs and profit after tax held steady at ₹207.36 Lakhs. On a consolidated basis, revenue grew 19% to ₹17,176.54 Lakhs, EBITDA rose nearly 46% to ₹734.40 Lakhs, and PAT increased 8.6% to ₹530.24 Lakhs. Shareholders will vote on adopting the financial statements, re-appointing Mr. Vasant Tukaram Bhoir, appointing a new Secretarial Auditor for five years, and formalising the appointment of Mr. Latesh Poojary as Managing Director for a five-year term from 14th August 2025.
Marginal standalone growth despite revenue dip shows improving margins, while the consolidated business expanded meaningfully. The AGM resolutions are routine and unlikely to move the stock, but shareholders should note the e-voting window (26–28 September 2025) with a cut-off date of 22 September 2025.