Submission of voting results along with Scrutinizer''s Report for the business as set out in the Notice of the Postal Ballot dated November 06, 2025
ABANSENT · price
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Abans Enterprises has filed the voting results of its postal ballot concluded on December 19, 2025. The single special resolution was to appoint Mr. Jinesh Savla (DIN: 11286253) as Whole Time Director & CEO for a three-year term. Out of 3,411 shareholders on record, 32 members cast valid votes representing 52,006,543 shares (74.56% of outstanding equity). The resolution was passed with overwhelming support: 99.999% voted in favour (52,006,458 shares) and just 85 shares (0.0001%) voted against. The promoter group voted 100% in favour, while public non-institutional shareholders showed 96.71% support. The scrutinizer was M/s D.A. Kamat & Co.
Shareholders have formally approved the appointment of Mr. Jinesh Savla as CEO for a three-year term, bringing leadership continuity at the top. With near-unanimous promoter backing and strong public support, this is a routine governance outcome and is unlikely to move the stock price, though it confirms board stability for the medium term.