Abhinav Capital Services Limited's Board of Directors approved the re-appointment of Mr. Nasir Shaikh as Independent Director for a second term during their meeting held on January 16, 2026. The decision was made pursuant to Regulation 30 of SEBI Listing Regulations and requires shareholder approval through special resolution.

Director Re-appointment Details

The board, chaired by Mr. Kamlesh Kotak, approved Mr. Nasir Shaikh's re-appointment for a second consecutive term as Independent Director (Non-Executive). The appointment is subject to shareholder approval within three months through a special resolution at the ensuing general meeting.

Professional Background

Mr. Nasir Shaikh brings significant expertise to the board with nine years of experience in direct taxation, audit, accounting, and financial statement planning and execution. He also has extensive experience in compliance related to various statutory and regulatory requirements. The company confirmed that he is not related to any other directors and holds no other directorships in listed entities.

Regulatory Compliance

The re-appointment follows recommendations from the Nomination and Remuneration Committee and complies with the Companies Act, 2013, and SEBI Listing Regulations. The company confirmed that Mr. Shaikh is not debarred from holding directorship by SEBI or any other regulatory authority, as required under BSE circulars dated June 20, 2018.

Board Composition

With this re-appointment, the company's board composition remains compliant with requirements prescribed under the Companies Act, 2013, and SEBI Listing Regulations. The decision reinforces the company's commitment to maintaining strong corporate governance standards and continuity in board leadership.

The formal intimation was submitted to BSE Limited under the company's scrip code 532057, ensuring full regulatory compliance and transparency with stakeholders.

Abhinav Capital Services Limited has disclosed another substantial acquisition by its promoter Kailash Biyani, who purchased 12,000 equity shares through open market transactions on the Bombay Stock Exchange on December 26, 2025. This latest acquisition has increased Biyani's holding in the company to 20.22% from 20.05%, representing his second market purchase within days.

Latest Share Acquisition Details

The recent transaction details show continued strategic increase in promoter holding through market purchase:

Updated Shareholding Pattern Changes

The latest acquisition has resulted in another notable increase in the promoter's stake in the company:

The promoter's holding increased by 0.17 percentage points in this latest transaction, bringing his total stake to 20.22% of the company's total equity share capital.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company filed the necessary documentation with the Bombay Stock Exchange on December 26, 2025, confirming the transaction details and updated shareholding pattern. The acquisition represents a standard market purchase without any encumbrances, pledges, or non-disposal undertakings.

Market Transaction Context

The shares were acquired through regular market operations on BSE, indicating the promoter's continued confidence in the company's prospects. This marks the second acquisition within a short timeframe, demonstrating sustained interest in increasing stake. The total diluted share capital remains unchanged at 69,24,600 shares, with no convertible securities or warrants involved in this transaction. This acquisition further strengthens the promoter's commitment to the company's growth trajectory.