Shriyam 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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Shriyam Abhishek Bansal, a member of the promoter group of Abans Financial Services Limited, has submitted an annual declaration to the exchanges for FY 2024-25 as required under Regulation 31(4) of SEBI's Takeover Regulations. The declaration states 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 held by them during the year. Only encumbrances already disclosed through System Driven Disclosures are acknowledged.
This is a routine annual compliance filing with no change in promoter shareholding or new encumbrances. It is neutral for shareholders and is unlikely to have any material impact on the stock price.