CFO and Whole-Time Director Nirbhay Vassa resigns effective May 15, 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹211.00

prior close

₹212.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.5%-3.4% vs market

Holding Company peers, median of 12sector+2.1%-2.9% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 2.9 pts less than its Holding Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.8

15m

-1.2

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+2.5-3.4+2.1-2.9

Next day

-3.3+3.7-7.1+2.8-6.1

-0.9+5.0-5.9+3.5-4.5

-3.8+4.4-8.2+1.3-5.1

-4.7+5.5-10.2+3.3-8.0

-4.7+6.9-11.6+3.5-8.2

-2.8+5.1-8.0+2.9-5.7

15d

-1.9+12.0-14.0+5.1-7.0

-4.7+7.6-12.3-1.0-3.7

-4.7+13.7-18.4+1.4-6.2

-4.7+18.7-23.4+3.4-8.1

UpDownMarket · Nifty Microcap 250Sector · Holding Company peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Nirbhay Fancy Vassa has resigned as Whole-Time Director and Chief Financial Officer of Abans Financial Services, effective close of business on May 15, 2026, citing personal reasons. He confirmed there are no material reasons behind his resignation. The Board and Nomination, Remuneration & Compensation Committee will appoint a successor within the stipulated timeline and notify the stock exchanges. He will support a smooth transition during the notice period. Resignation noted at the Board meeting held on April 13, 2026.

Likely market impact

Key KMP exit at a small-cap financial services firm; near-term focus shifts to timely successor appointment and transition continuity.