Abans Holdings Ltd

Abans Financial Services Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from July 01, 2026, until 48 hours after the declaration of the company's Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company has made this information available on its website.

Abans Financial Services Ltd announced that its Executive Committee has approved a corporate guarantee of up to ₹75 crore for its material step-down subsidiary, Abans Broking Services Private Limited. This guarantee is in favor of ICICI Bank Limited and will support the subsidiary's working capital facilities. The company stated that the transaction is at arm's length and the guarantee will be recorded as a contingent liability.

Abans Financial Services Limited's IFSC Branch has received an order from the Quasi-Judicial Authority for Enforcement (QJAE) of the International Financial Services Centres Authority (IFSCA). The order, dated June 3, 2026, imposes a monetary penalty of ₹8,00,000/- on the IFSC branch. The penalty is related to observations concerning the delay in appointing a compliance officer, sponsor contribution, internal controls, investor disclosures, asset valuation, and periodic reporting to IFSCA. The company states there is no material impact on its financial or operational activities and is assessing its right to appeal the order.

Abans Financial Services Ltd announced the resignation of Mr. Saurav Garg, Vice President - Operations, effective from the close of business hours on July 15, 2026. Mr. Garg's resignation, tendered on May 20, 2026 and accepted on May 21, 2026, is due to personal reasons. The company has disclosed the required information as per SEBI regulations, including the reasons for the change and the effective date of cessation.

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.

Abans Financial Services Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its meeting on May 15, 2026. The board also reviewed the audit report, statement of assets and liabilities, and cash flow statement. The trading window will be closed for 48 hours following the announcement.

Abans Financial Services Ltd. announced the outcomes of its Board Meeting held on May 15, 2026. Key approvals include the appointment of Mr. Karan Heda as an Additional Non-Executive Director and Mr. Raghunathan Mudaliar as the new Chief Financial Officer (KMP), effective May 16, 2026. This follows the resignation of Mr. Nirbhay Vassa as Whole-Time Director & CFO. The Board also appointed M/s. V C Shah & Co. as Internal Auditors for FY2026-27 and approved a change in the company's registered office within Mumbai. Additionally, an internal re-organisation of Senior Management Personnel roles was approved.

Abans Financial Services Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its meeting on May 15, 2026. The audit reports, issued by M/s. C N K & Associates LLP, Chartered Accountants, contained an unmodified opinion. The trading window for dealing in the company's securities will remain closed for 48 hours following the announcement. The meeting commenced at 09:00 P.M. (IST) and concluded at 09:45 P.M. (IST).

Abans Financial Services Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during its meeting on May 15, 2026. The board also reviewed the audit report, statement of assets and liabilities, and cash flow statement. The trading window for dealing in the company's securities will remain closed for 48 hours following the announcement.

Abans Financial Services Ltd has scheduled a Board of Directors meeting on May 15, 2026, to consider and approve the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The trading window will be closed from April 1, 2026, to May 17, 2026.