Pursuant to Regulation 30 of the SEBI(Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Avance Technologies Limited, at its meeting held today i.e, Wednesday, July 16, 2025, at the Registered office of the Company, has inter alia considered and approved entering into a non-binding term sheet for the proposed acquisition of Checkers India Technology Private Limited. Further details attached.