Abans Financial Services CEO Resigns; New Director Appointed

Abans Financial Services Limited announced the resignation of Mr. Chintan Natwarlal Mehta as Whole-Time Director & Chief Executive Officer, effective November 11, 2026. Mr. Mehta confirmed there are no material reasons for his resignation. Concurrently, the company appointed Mr. Mayank Mahesh Mundhra as an Additional Director in the capacity of Whole-Time Director, subject to shareholder approval. The board also approved the incorporation of a subsidiary/step-down subsidiary. The trading window will remain closed until 48 hours after the announcement.