Voting Results of Postal Ballot Notice dated April 13, 2026
AFSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Abans Financial Services Limited conducted a postal ballot through remote e-voting from April 16 to May 15, 2026, seeking shareholder approval for 4 material related party transactions. All 4 ordinary resolutions were passed with overwhelming majority (approximately 99.66% in favour). The resolutions approve transactions between Abans Finance Private Limited (a subsidiary) and four promoter group entities/individuals: Abans Metals Private Limited, Abans Jewels Limited, Abans Enterprises Limited, and Mr. Abhishek Bansal (Promoter). Total valid votes cast ranged from 90.35 to 90.36 lakh shares across resolutions, with only about 31,000 shares voted against in each case. No invalid votes were recorded.
The passage of these related party transaction resolutions enables the company to continue business dealings with promoter group entities. While overwhelmingly approved, the transactions involve promoter-related parties, which shareholders should monitor for fair terms and potential conflicts of interest.