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 for 4 ordinary resolutions seeking shareholder approval for material related party transactions. All 4 resolutions were approved with overwhelming majority (over 99.6% in favor). The transactions involve Abans Finance Private Limited (a subsidiary) dealing with promoter group entities including Abans Metals Private Limited, Abans Jewels Limited, Abans Enterprises Limited, and Mr. Abhishek Bansal (Promoter). Voting took place from April 16 to May 15, 2026, with 14,784 shareholders on record. Approximately 90.35 lakh valid votes were cast in favor across all resolutions, while only about 31,000 votes were cast against.
All related party transactions with promoter entities have been approved by shareholders, allowing the company to proceed with these transactions. The high approval rate (99.6%+) suggests minority shareholders broadly accepted the terms, though the small dissenting vote (~0.34%) indicates some investor caution on related party dealings.