Abans Financial Services Acquires 6.01% Stake in Subsidiary AFPL

Abans Financial Services Limited (AFSL) has acquired an additional 20,70,926 equity shares, representing 6.01% of the paid-up equity share capital, in its subsidiary Abans Finance Private Limited (AFPL). The acquisition was made through a Share Purchase Agreement with Siddhant Commercials Private Limited for a cash consideration of ₹111 per share, totaling ₹22.99 Crore. This transaction increases AFSL's holding in AFPL to 99.98%. The acquisition is not considered a related party transaction and has been conducted based on a valuation report. No governmental or regulatory approvals were required for this deal, which was completed on October 07, 2026.