Avance Technologies Ltd — Board Meeting, 29-04-2025: Board Meeting

Avance Technologies Limited has announced a board meeting where the Board of Directors approved raising funds of up to Rs. 25.00 Cr through the preferential allotment of convertible equity warrants. The details regarding potential allottees and terms of the issue will be finalized and communicated later. The warrants can be converted into equity shares within 18 months from the date of allotment. This move aims to enhance the company's financial flexibility and support future growth initiatives, which could positively impact shareholder value.