Avance Technologies Limited has incorporated a wholly owned subsidiary company named "Avance Holding Private Limited" under the provisions of the Companies Act, 2013. The subsidiary received its Certificate of Incorporation from the Central Registration Centre, Ministry of Corporate Affairs on 21st October, 2026.
Subsidiary Details
- Name: Avance Holding Private Limited
- Date of Incorporation: 21st October, 2026
- Country: India
- Authorized Share Capital: ₹25,00,000 (Rupees Twenty Five Lakhs Only)
- Share Structure: 2,50,000 (Two Lakh and Fifty Thousand) equity shares of ₹10/- each
- Registered Address: 1502, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai-400063, Maharashtra
Ownership and Investment
- Avance Technologies Limited holds 100% shareholding in the subsidiary
- The company has fully subscribed to 2,50,000 equity shares of face value ₹10/- each
- Consideration was paid in cash towards the initial subscription to the Memorandum of Association
Business Objective
The subsidiary's objective is to undertake investment activities in securities and other financial instruments in accordance with its Memorandum of Association, thereby creating opportunities for long-term growth and future prospects.
Additional Information
- The incorporation does not constitute a related party transaction
- No governmental or regulatory approvals were required for this incorporation
- The subsidiary is newly incorporated with no historical financial data
- PAN: ABHCA0386Q
- TAN: MUMA90303D