Disclosure under Regulation 30- Resignation of Whole Time Director
ABANSENT · price
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Mr. Kayomarz Marzban Sadri (DIN: 07889169) has resigned as Chief Executive Officer and Whole Time Director of Abans Enterprises Limited due to personal reasons. The resignation letter was submitted on July 24, 2025, and will take effect after three months, i.e., from October 23, 2025, or earlier if decided by the Board or Nomination, Remuneration & Compensation Committee (NRCC). The Board/NRCC will appoint a successor within the stipulated timeline and inform the stock exchanges accordingly. No other material reasons for the resignation were disclosed.
The exit of the CEO and Whole Time Director — a key managerial personnel — may create short-term leadership uncertainty. Investors should watch for the successor announcement and any strategic continuity disclosures over the next three months.