Abans Financial Services Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2026.

The Board of Directors of Abans Financial Services met on May 15, 2026 and approved multiple changes. Key leadership change: Mr. Raghunathan Mudaliar appointed as Chief Financial Officer effective May 16, 2026, replacing Mr. Nirbhay Vassa who resigned as Whole-Time Director & CFO (resignation effective from closure of business on May 15). Mr. Karan Heda was appointed as Additional Director in a Non-Executive capacity. Two new Senior Management Personnel were added — Mr. Ritesh Chavan (with expertise in derivatives trading and quantitative research) and Mr. Vinod Sagar (bullion market specialist). The company also changed its registered office within Nariman Point, Mumbai, and appointed M/s. V C Shah & Co. as internal auditors for FY 2026-27. An internal re-organisation of senior management roles and reporting structures was also approved. Trading window remains closed until 48 hours from this announcement.