Abhishek Bansal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Abhishek Bansal, the promoter of Abans Financial Services, has filed a mandatory annual declaration with the exchanges under Regulation 31(4) of SEBI's Takeover Regulations for FY 2024-25. In the filing, he confirms that neither he nor any person acting in concert has created any new encumbrance (such as pledge or lien) on the company's equity shares during the financial year. The declaration excludes any encumbrances already reported through the exchange's System Driven Disclosures.
This is a routine annual compliance filing with no new information about share pledging or stake changes. It is neutral for shareholders, simply confirming that the promoter did not add new pledges on shares during the year.