Migration of Advait Infratech Limited from BSE SME Platform to BSE Mainboard

Advait Infratech Limited from BSE SME Platform to BSE Mainboard
Migration of Advait Infratech Limited from BSE SME Platform to BSE Mainboard

Gujarat- June, 2023 – Advait, a leading company in product solutions for Indian power and telecom infrastructure projects, announced their migration from the BSE SME Platform to BSE Mainboard. Pursuant to Regulation 30 of the SEBI (Obligation and disclosure requirements) Regulations 2015, the exchange grants its In-Principle approval to the company’s application for listing & trading its equity shares on the BSE Mainboard Platform in terms of Regulation 277 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018 of the Company.  

Founded in 2009, Advait Infratech helps in providing robust products and solutions for power transmission, substation, and telecommunication infrastructure. Advait’s product solutions serve both operational and marketing leaders and aim to support the long-term, comprehensive and efficient power delivery system of the country by providing cost-efficient and clean energy solutions.

Committed to tapping into the huge potential offered by the Indian Infratech industry, Advait is making the most of a buoyant market by accelerating renewable energy integration and paving the way for the transition to a sustainable and green economy in India. In the course of empowering a million lives through sustainable, competitive, and innovative products and solutions, Advait Infratech intends to continue to work on green hydrogen and renewable energy plants in the upcoming years to meet the Indian government’s clear targets to achieve net zero carbon emissions.

Shalin Sheth, Founder and Managing Director of Advait Infratech Limited commented, I am pleased to begin our next chapter as a public company. I believe that being a public company will underscore Advait’s long-term commitment to our nation, customers, investors, and the solution provider industry as a whole. He also added, “We have a bold vision for Advait – to help global enterprises better understand the importance of standardized global utility implementations by providing them holistic end-to-end solutions.