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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Avance Technologies Ltd

Avance Technologies: Chief Financial Officer Resigns

MANAGEMENT ▼ Concern Flagged MEDIUM RISK
📅 Filed on BSE: 20 Jun 2026, 07:27 PM IST  ·  BSE ID: 22c5f54f-f293-4212-9c82-23ee1a334d8e
View Original BSE Filing (PDF)
💡
In Simple Terms
Avance Technologies' top finance executive, the CFO, has resigned from his position.
🤖 AI Summary
  • Avance Technologies Limited's Chief Financial Officer, Mr. Vijay Purohit, has resigned.
  • The resignation was submitted on June 18, 2026, and announced on June 20, 2026.
  • The company confirmed no other material reasons for the resignation exist.
  • This follows the recent resignation of the statutory auditor in April 2026.
🏢 How This Affects the Company
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Financial Impact
The departure of a CFO can introduce uncertainty regarding financial strategy and reporting continuity.
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Operational Impact
The company will need to appoint a new CFO to manage financial operations, reporting, and compliance.
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Risk Impact
A change in key managerial personnel, particularly the CFO, can be perceived as a governance risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders regarding this announcement.
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Who Is Affected
All shareholders are affected by changes in key managerial personnel, as it can signal governance or operational shifts.
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Management Signal
The resignation signals a change in the company's senior financial leadership, requiring a management transition.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Announcement of replacement CFO appointment
Next quarterly financial results disclosure
Any further management change announcements
MEDIUM RISK Resignation of CFO, a Key Managerial Personnel, coupled with prior auditor resignation.
💡 Investor Takeaway
Mr. Vijay Purohit resigned as Chief Financial Officer of Avance Technologies Limited on June 18, 2026. The company confirmed no further material reasons for his resignation.
📅 Company Track Record
Avance Technologies Ltd. previously saw the resignation of its Statutory Auditor, M/s. Rishi Sekhri & Associates, on April 24, 2026, citing medical reasons.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
Who resigned as Chief Financial Officer of Avance Technologies Limited?
Mr. Vijay Purohit resigned from the position of Chief Financial Officer of Avance Technologies Limited.
When did Mr. Vijay Purohit's resignation as CFO take effect?
Mr. Vijay Purohit tendered his resignation on June 18, 2026, and the company announced it on June 20, 2026.
Are there any other material reasons for Mr. Purohit's resignation?
The company received confirmation from Mr. Vijay Purohit that there are no other material reasons for his resignation.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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