Avance Technologies Ltd — Important, 24-04-2026: Company Update

Avance Technologies Limited announced that its statutory auditor, M/s. Rishi Sekhri & Associates, has resigned. The auditor cited the proprietor's serious medical conditions as the reason, which significantly restrict their ability to perform professional duties. This creates a casual vacancy in a key oversight role for the company. The board will now take essential steps to appoint a new statutory auditor. This transition is important for maintaining continuity in the company's financial compliance and governance, and investors should note this change in the external audit function.