Abans Financial Services Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Karan Heda as a Non-Executive, Non-Independent Director. The resolution aims to regularize his position, which he currently holds as an Additional Director effective from May 15, 2026, following a recommendation by the Nomination, Remuneration and Compensation Committee.

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. The voting period is scheduled to commence on Saturday, July 11, 2026, at 9:00 a.m. IST and conclude on Sunday, August 09, 2026, at 5:00 p.m. IST. Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of Friday, July 03, 2026, are eligible to participate.

The postal ballot notice has been dispatched electronically to members in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Physical copies of the notice are not being distributed. The results of the voting will be announced within two working days of the conclusion of the e-voting period and will be communicated to the stock exchanges.

Mr. Karan Heda is a Qualified Chartered Accountant with over 15 years of experience in financial accounting, treasury, and risk management. He currently serves as Vice President – Accounts & Treasury at the ABANS Group. The company has received necessary statutory disclosures, including his consent to act as a director and declarations confirming he is not disqualified from holding the office.

The Board of Directors has recommended the ordinary resolution for approval. Mr. Heda holds 17,500 equity shares in the company and will not receive any remuneration for his role as director.

Abans Financial Services disclosed that a ransomware attack targeted the IT infrastructure of its overseas subsidiaries, following a warning notification from the Indian Computer Emergency Response Team (CERT-In) on June 30, 2026. The company reassured stakeholders that its own IT systems were not involved in the incident. Despite the attack, business continuity of the company and its subsidiaries remains unaffected, with no material impact reported on operations.

Incident Details

The preliminary investigation revealed that the incident was isolated to the IT systems of the overseas entities. Abans Financial Services stated that it is actively monitoring the situation and implementing adequate corrective measures to address the security event. The disclosure was made voluntarily as a measure of good governance.

Filing and Compliance

The company has uploaded the disclosure to its official website. Bhargavi Halapeti, Company Secretary & Compliance Officer, signed the filing submitted to the exchanges on July 02, 2026.