StockWatch
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Holding Company
Management Change6 Aug 2026, 08:30 pm

Abans Financial Services: Two Directors Resign

AI Summary

Abans Financial Services Ltd has announced the cessation of two directors from its Board. Mr. Hariharan Devnarayan Iyer, Non-Executive Independent Director, has stepped down upon completion of his term on August 6, 2026. Concurrently, Mr. Naresh Madhu Tejwani, Non-Executive Non-Independent Director, has resigned from his position, also effective August 6, 2026. Mr. Tejwani confirmed no material reasons for his resignation beyond those stated in his letter. The company expressed appreciation for their contributions.

Key Highlights

  • Two directors have ceased to be part of the Board.
  • One director completed their term; the other resigned.
  • Cessations are effective August 6, 2026.
  • No material reasons cited for resignation beyond stated ones.