Abans Enterprises Limited has informed the stock exchanges of an upcoming Board of Directors meeting, pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Tuesday, May 12, 2026, and will take up key financial and governance matters for the company.

Board Meeting Agenda

The primary agenda of the meeting is to consider and approve the Audited Financial Results of the company for the quarter and financial year ended March 31, 2026. The results will be reviewed in both Standalone and Consolidated formats, along with the Audit Report issued by the Statutory Auditor.

The following key details summarise the scheduled board meeting:

Shareholder Approval and Annual General Meeting

In addition to the board-level approval, the company has stated its intention to seek shareholder approval for the aforesaid financial statements at the ensuing 40th Annual General Meeting. This step is in accordance with standard corporate governance practices under applicable regulations.

Trading Window Closure

Pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for Designated Persons dealing in the securities of the company has been closed since April 01, 2026. The closure will continue until May 14, 2026 (both days inclusive), in relation to the publication of the audited financial results for the quarter and year ended March 31, 2026.

The intimation was filed on May 06, 2026, and signed by Sahil Gurav, Company Secretary and Compliance Officer (Membership No.: 65385), on behalf of Abans Enterprises Limited.

Abans Enterprises Limited has officially concluded the withdrawal of its amalgamation scheme with wholly owned subsidiary Abans Jewels Limited, receiving formal approval from the National Company Law Tribunal (NCLT) Mumbai Bench.

NCLT Approves Withdrawal

The NCLT Mumbai Bench disposed of the application as withdrawn on March 12, 2026, in case C.P.(CAA)/65(MB)2025. The tribunal's order was issued following submissions by the counsel for the applicant companies, who informed that both the transferor and transferee companies had passed their respective resolutions for withdrawal of the company scheme.

Background of Withdrawal Decision

The company had initially informed stock exchanges on February 05, 2026, about the Audit Committee and Board of Directors' approval for withdrawing the scheme of amalgamation. The withdrawal was approved under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, subject to requisite approvals and consents.

Regulatory Compliance

Abans Enterprises Limited communicated the development to both BSE Limited and Metropolitan Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company secretary and compliance officer, Sahil Gurav, signed the regulatory filing on April 16, 2026.

Documentation and Transparency

The company has made the certified copy of the NCLT order available on its official website at abansenterprises.com, ensuring transparency for stakeholders. The order was certified as a true copy and issued free of cost on April 13, 2026, by the Deputy Registrar of NCLT Mumbai Bench.

This withdrawal marks the conclusion of the amalgamation process that was initially proposed between Abans Enterprises Limited and its wholly owned subsidiary Abans Jewels Limited.