Pursuant to Regulation 44(3) of SEBI(LODR) regulations, 2015 attached herewith is the voting results and Scrutinizers report of evoting for the 41st Annual General Meeting of the Company ....
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Avance Technologies held its 41st AGM on 29th September 2025 via video conferencing, where all 5 ordinary resolutions were passed with overwhelming majority. Shareholders adopted the audited standalone and consolidated financial statements for FY ending 31st March 2025 with 99.98% votes in favour. Mr. Vasant Tukaram Bhoir was re-appointed as director (retiring by rotation) with 99.78% support, while Mr. Latesh Poojary was regularised as Director (99.89%) and appointed as Managing Director (99.86%). M/s Sidhi Maheshwari & Associates was appointed as Secretarial Auditor for a 5-year term with 99.91% approval. Voter turnout was very low at just 3.44% of outstanding shares, with promoters and public institutions not casting any votes — only 52 public shareholders participated via VC.
Routine governance matters passed cleanly with no contentious issues; the change in Managing Director role (Latesh Poojary taking over from Deepak Mane) is the most material item for shareholders. Low voting turnout (~3.44%) reflects minimal retail engagement and means resolutions were decided by a small slice of the shareholder base, though this is typical for small-cap companies.