Abans Enterprises Limited has announced significant leadership changes following its Board meeting held on March 27, 2026. The company disclosed these developments through an official communication to BSE Limited and Metropolitan Stock Exchange of India Limited, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details and Outcomes

The Board meeting commenced at 13:51 IST and concluded at 14:04 IST on March 27, 2026, under the supervision of Mr. Jinesh Savla, Whole Time Director & CEO (DIN: 11286253). The meeting addressed several important personnel changes that will reshape the company's leadership structure.

Key Resignations

Ms. Shardul Chaturvedi (DIN: 08511608) submitted her resignation from the position of Non-Executive, Non-Independent Director through a letter dated March 23, 2026. She cited preoccupancy with other professional commitments as the reason for her departure and confirmed that there were no material reasons beyond those stated in her resignation letter.

Similarly, Ms. Mahiti Rath (PAN: CGZPR2954R, Membership No.: A72887) resigned from her role as Company Secretary & Compliance Officer, also due to preoccupancy with other professional commitments. Her resignation resulted in her ceasing to be part of the Senior Management Personnel of the company.

New Leadership Appointments

Chief Financial Officer Appointment

Mr. Ankit Joshi (PAN: AQMPJ1558N) has been appointed as Chief Financial Officer based on recommendations from both the Audit Committee and Nomination and Remuneration and Compensation Committee (NRCC). He brings over eight years of experience in capital markets, with expertise in derivatives covering equity, currency, and commodities.

Company Secretary Appointment

Mr. Sahil Gurav (PAN: BAZPG1721Q, Membership No.: A65385) has been appointed as Company Secretary & Compliance Officer, also based on NRCC recommendations. He is an Associate Member of the Institute of Company Secretaries of India (ICSI) with over 6 years of experience in governance, compliance, and corporate laws.

Regulatory Authorization Changes

As part of the leadership transition, Mr. Sahil Gurav has been authorized for determining materiality of events or information and making disclosures to stock exchanges under Regulation 30 of SEBI LODR Regulations, effective March 28, 2026. This authorization ensures continuity in regulatory compliance and disclosure responsibilities.

The company has submitted all requisite disclosures as per SEBI Master Circular No. HO/CFD/PoD2/CIR/P/0155 dated January 30, 2026, with detailed annexures covering each personnel change. Both new appointees will be considered part of the Senior Management Personnel of the company, reflecting their strategic importance to the organization's operations.

Abans Enterprises Limited has announced the opening of a special window for shareholders to re-lodge transfer requests and dematerialise physical shares. The initiative, running for one year from February 05, 2026 to February 04, 2027, follows regulatory guidelines issued by the Securities and Exchange Board of India.

Regulatory Compliance and Timeline

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This facility specifically caters to physical shares that were sold or purchased prior to April 01, 2019.

Public Notification Process

Abans Enterprises has fulfilled its regulatory obligations by publishing advertisements in leading newspapers on March 19, 2026. The company selected publications to ensure broad reach across different language segments:

• Financial Express - English newspaper
• Mumbai Lakshadeep - Marathi newspaper

The company has formally notified both stock exchanges where its shares are listed about this development. BSE Limited, where the company trades under scrip code 512165, and Metropolitan Stock Exchange of India Limited have been informed through official communication.

Corporate Communication

The intimation was signed by Mahiti Rath, Company Secretary and Compliance Officer (Membership No.: A72887), and digitally authenticated on March 19, 2026. The company has also made this information available on its official website at abansenprises.com for shareholder reference.

Company Information

Abans Enterprises Limited operates from its registered office at 36, 37, 38A, 3rd Floor, 227 Nariman Bhavan, Backbay Reclamation, Nariman Point, Mumbai-400021. The company, incorporated in 1985, holds CIN: L74120MH1985PLC035243 and maintains its compliance communications through dedicated channels for shareholder services.