Babita Chaturvedi 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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Babita Devesh Chaturvedi, a member of the promoter group of Abans Financial Services Limited, has filed her annual declaration with the stock exchanges as required under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. In the declaration dated April 8, 2025, she confirms that she and persons acting in concert have not created any new encumbrance (such as pledge or charge) on the equity shares of the company held by her during Financial Year 2024-25, other than those already reported through System Driven Disclosures. This is a routine yearly compliance filing mandated by SEBI for promoter group members, and no new pledging activity is being reported through this submission.
This is a routine annual compliance disclosure and not a new corporate event. The confirmation of no fresh encumbrances from a promoter group member is neutral to mildly reassuring for shareholders, as it indicates no additional leverage has been placed on promoter-held shares during the year.