Abans Financial Services Limited has disclosed to stock exchanges that its material subsidiary has received a significant GST demand order from tax authorities. The disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Demand Details

The Assistant Commissioner of State Tax, Ahmedabad, Gujarat, issued a tax demand order under Section 74(9) of GGST Act, 2017 read with CGST Act, 2017. The order pertains to Abans Broking Services Private Limited, a material subsidiary of the company, for financial year 2019-20.

Nature of Dispute

The GST authorities have denied the input tax credit availed by Abans Broking Services Private Limited for financial year 2019-20. The dispute involves the subsidiary company versus the Assistant Commissioner of State Tax, Ahmedabad, with the matter being handled by the Assistant Commissioner of State Tax, Gujarat.

Financial Impact and Company Response

The total demand raised by GST authorities includes tax liability, interest and penalty components, amounting to ₹25,21,25,046. However, the company has indicated its intention to challenge this demand through proper legal channels.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30(9) of SEBI LODR Regulations and follows the requirements under SEBI Master Circular dated January 30, 2026. The information has been made available on the company's website at www.abansfinserv.com for stakeholder access.

The company secretary and compliance officer, Bhargavi Halapeti, signed the disclosure document digitally on March 17, 2026, ensuring proper regulatory compliance and transparency with stock exchange requirements.

Abans Financial Services Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these results during their meeting held on February 09, 2026, which commenced at 01:30 P.M. (IST) and concluded at 02:35 P.M. (IST).

Consolidated Financial Performance

The company delivered strong consolidated results for Q3 FY26, demonstrating significant growth across revenue and profitability metrics.

Quarterly Performance Highlights

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company reported consolidated total income of Rs 15,16,994.35 lakhs compared to Rs 2,21,877.40 lakhs in the corresponding period of the previous year. Net profit after tax for the nine-month period stood at Rs 10,884.92 lakhs versus Rs 7,851.48 lakhs in the previous year.

Standalone Financial Results

On a standalone basis, Abans Financial Services reported total income of Rs 877.74 lakhs for Q3 FY26 compared to Rs 2,094.63 lakhs in Q3 FY25. The company achieved standalone net profit after tax of Rs 592.33 lakhs for the quarter versus Rs 1,407.07 lakhs in the corresponding quarter of the previous year.

Segment-wise Performance

The company's consolidated business operates across three primary segments, each contributing to overall performance:

Regulatory Compliance and Corporate Developments

The results were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" and reviewed by CNK & Associates LLP, Chartered Accountants. During the period ended December 31, 2025, the company allotted 82,667 equity shares with a face value of Rs 2/- each pursuant to the exercise of options granted under the Employee Stock Option Scheme.

Trading Window and Disclosure

The company announced that the trading window for dealing in the company's securities shall remain closed until 48 hours from the announcement. The paid-up equity share capital stood at Rs 1,013.18 lakhs as of December 31, 2025, comprising equity shares of Rs 2/- each. As of December 31, 2025, the company has fourteen subsidiaries including step-down subsidiaries.