Abans Financial Services Limited has approved a corporate guarantee of up to Rs 75 crore for its material step-down subsidiary, Abans Broking Services Private Limited. The guarantee is issued in favour of ICICI Bank Limited to secure working capital facilities that the subsidiary intends to avail. This approval was granted by the Executive Committee of the Board during a meeting held on June 17, 2026.

The corporate guarantee will serve as a contingent liability on the books of Abans Financial Services. The arrangement is structured at arm’s length, as Abans Broking Services Private Limited is a material step-down subsidiary of the company. The guarantee is governed by the terms and conditions outlined in the Master Facility Agreement, Credit Arrangement Letters, and other related documents executed between the parties.

The approval was communicated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with the SEBI Master Circular dated January 30, 2026.

Key Details of the Guarantee

The Executive Committee meeting commenced at 06:00 P.M. and concluded at 06:35 P.M. on June 17, 2026. Bhargavi Halapeti, Company Secretary & Compliance Officer, signed the intimation submitted to BSE Limited and National Stock Exchange of India Limited.

Shriyam Bansal, a member of the Promoter Group of Abans Financial Services , has declared that he along with persons acting in concert have not created any encumbrance on equity shares held by him during the Financial Year 2025-26. The declaration, dated April 01, 2026, confirms that no charges were created directly or indirectly other than those already disclosed through System Driven Disclosures. This disclosure is significant as it assures stakeholders regarding the unencumbered status of the promoter's holding during the specified period.

The declaration was submitted in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter has requested the company to place this disclosure before the ensuing Audit Committee Meeting in accordance with Regulation 31(5) of the said regulations. The filing was addressed to the Audit Committee of Abans Financial Services Limited (Formerly known as Abans Holdings Limited), BSE Limited, and the National Stock Exchange of India Limited.

Key Disclosure Details

The company operates under the name Abans Financial Services Limited, which was formerly known as Abans Holdings Limited. The scrip is listed on BSE with code 543712 and on NSE with the symbol AFSL.