Avance Technologies Ltd

We have been receiving several calls / emails from the shareholders since morning regarding the suspension of trading in securities of the company from today. Also the company page on stock exchange reflects as the trading in securities of the company is suspended due to proceduralreasons.We have discussed this issue with the officials of the exchange and have been informed that the Exchange has introduced a new surveillance mechanism Enhanced Surveillance Measure (ESM) based on which the trading in securities of certain companies is temporarily restricted.We request you to refer the Exchange notice no. 20230614-42 dated June 14 2023 in the below mentioned link for further information:https:Uwww.bseindia.com/markets/Marketlnfo/DispNewNoticesCirculars.aspx?page=20230614-42It is hereby clarified that there is no non-compliance / violation by the company due to which the securities are included in the ESM framework.