StockWatch
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Holding Company
Board Meeting15 May 2026, 11:21 pm

Abans Fin Services: Karan Heda Appointed as Non-Executive Director

AI Summary

Abans Financial Services Ltd's board meeting on May 15, 2026, approved the appointment of Karan Heda as an Additional Non-Executive Director, subject to shareholder approval. V C Shah & Co. were appointed as Internal Auditors for FY2026-27. The registered office has been changed within Mumbai. Raghunathan Mudaliar was appointed as CFO, while Nirbhay Vassa resigned. The board also approved an internal re-organisation of Senior Management Personnel roles.

Key Highlights

  • Karan Heda appointed as Additional Non-Executive Director, effective May 15, 2026.
  • V C Shah & Co. appointed as Internal Auditors for FY2026-27.
  • Raghunathan Mudaliar appointed as CFO (Key Managerial Personnel) from May 16, 2026.
  • Nirbhay Vassa relieved of duties as Whole-Time Director & CFO, effective May 15, 2026.
  • Company's registered office changed within Mumbai.