Abans Enterprises has opened the remote e-voting process to seek shareholder approval for the appointment of Mr. Ankit Joshi as Whole-Time Director and Chief Financial Officer for a period of three years. The company has proposed a total remuneration not exceeding Rs. 25,00,000 per annum for the role. Mr. Joshi was initially appointed as an Additional Director (Whole-Time) and Chief Financial Officer effective May 12, 2026, and this resolution seeks to ratify his appointment for a three-year term commencing from that date.

The Board of Directors, on the recommendation of the Nomination Remuneration and Compensation Committee, has placed two resolutions before the shareholders. The first resolution seeks to appoint Mr. Ankit Joshi (DIN: 10799583) as a Director of the Company. The second resolution, a special resolution, seeks approval for his appointment as Whole-Time Director in addition to his role as Chief Financial Officer for three years, along with the approval of his remuneration.

Key Details of the Proposal

The appointment is subject to the approval of shareholders through a remote e-voting process. The company has engaged National Securities Depository Limited (NSDL) to facilitate the e-voting. The remuneration proposed includes a minimum guaranteed remuneration clause, ensuring payment even in years of loss or inadequate profits, subject to compliance with Schedule V of the Companies Act, 2013. Mr. Joshi will not receive any sitting fees for attending Board or Committee meetings.

Voting Schedule and Process

The remote e-voting facility will be available to members whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of Friday, July 03, 2026. The voting period commences on Saturday, July 11, 2026, at 9:00 a.m. (IST) and concludes on Sunday, August 09, 2026, at 5:00 p.m. (IST). The results of the postal ballot are expected to be announced on or before Tuesday, August 11, 2026.

Profile of the Appointee

Mr. Ankit Joshi holds a Master of Business Administration (Finance) and a Bachelor of Commerce degree. He possesses over eight years of experience in capital markets, specializing in equity, currency, and commodity derivatives. Prior to his current role, he served as a Consultant at Protiviti India Private Limited. He is currently associated with the Abans Group of Companies, leading broking entities and overseeing financial planning and compliance.

Abans Enterprises Limited has opened a special window for one year from February 05, 2026 to February 04, 2027 to facilitate the re-lodgment of transfer requests and dematerialisation of physical shares. This initiative is aimed at shareholders whose shares were sold or purchased prior to April 01, 2019, but were rejected, returned, or not attended to by the company or its Registrar and Share Transfer Agent due to deficiencies in documents or processes.

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, and Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has published the necessary advertisements in the Financial Express and Mumbai Lakshadeep newspapers to ensure wide dissemination of this information.

Shareholders holding physical shares that fall under the specified criteria can utilize this window to regularize their holdings. The process allows for the transfer of shares and their conversion to dematerialised form, thereby enabling shareholders to update their records and participate in the market ecosystem more effectively.

The intimation regarding this special window has been submitted to BSE Limited and Metropolitan Stock Exchange of India Limited. Further details and the official advertisement are available on the company's website at www.abansenterprises.com .

Key Details of the Special Window