Advance Metering Technology Announces Demise of Promoter and Whole Time Director
Advance Metering Technology Ltd confirmed the sudden demise of its Promoter, Chairman, and Whole Time Director, Mr. Pranav Kumar Ranade. The passing was reported on April 14, 2026, following Mr. Ranade’s sad demise on April 13, 2026.Mr. Pranav Kumar Ranade held the role of Promoter and Whole Time Director, having been appointed to these positions effective November 9, 2023. During his tenure, he played crucial leadership roles that significantly benefited the company.
The company confirmed that Mr. Ranade was a Promoter holding a substantial stake in the firm. His shareholding details are as follows:
| Name | Promoter / Promoter Group | Category | No. of Shares/% |
|---|---|---|---|
| Pranav Kumar Ranade | Promoter | Pro/ Individual | 854,635/ 5.32 |
Advance Metering Technology Ltd acknowledged that the unexpected passing of Mr. Ranade would be an irreparable loss to the Company, its directors, and its employees, conveying deep sympathy and condolences to his family.
Stock Price Movement
Advance Metering Technology Ltd shares settled at ₹19.77 on Monday, retreating by 4.72%. Throughout the session, the stock moved between its intraday low of ₹19.72 and a high of ₹20.75.Source:
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