Meeting Details

  • Meeting Type: 17th Annual General Meeting
  • Date: September 10, 2026
  • Time: 03:00 P.M. IST
  • Location: Held through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office at 13A/B/C, 1st Floor, Mittal Chambers, Barrister Rajni Patel Marg, Nariman Point, Mumbai - 400021

Proposed Resolutions and Implications

The AGM considered three ordinary resolutions:

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company together with the reports of the Board of Directors and the Auditors thereon for the Financial Year ended March 31, 2026.

2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company together with the report of the Auditors thereon for the Financial Year ended March 31, 2026.

3. To appoint a Director in place of Mr. Abhishek Pradeepkumar Bansal (DIN: 01445730), who retires by rotation and being eligible, offers himself for re-appointment.

Voting Process

  • Cut-off date for eligibility: Thursday, September 03, 2026
  • Remote e-voting period: Monday, September 07, 2026 at 09:00 A.M (IST) till Wednesday, September 09, 2026 at 05:00 P.M. (IST)
  • E-voting during meeting: Facility provided during the AGM and for 15 minutes after conclusion
  • Scrutinizer: Mr. Mitesh Dhabliwala, Partner at Parikh & Associates, Practising Company Secretaries, was appointed to scrutinize the remote e-voting and e-voting during the AGM

Attendance and Participation

  • Total shareholders as of cut-off date: 14,024
  • Members attending through VC/OAVM: 59
  • Chairperson: Mr. Abhishek Bansal, Chairman & Managing Director
  • Key personnel present: Ms. Bhargavi Halapeti (Company Secretary & Compliance Officer), Directors, Key Managerial Personnel, representatives of Statutory, Secretarial and Internal Auditors

Business Update and Performance Highlights

During the meeting, Mr. Abhishek Bansal apprised members of the company's performance during FY 2025-26:

  • Maintained profit after tax broadly in line with prior year despite challenging macro environment
  • Deleveraged balance sheet from 0.72x to 0.55x debt-to-equity
  • Growth in fee-based, capital-light businesses including PMS, AIFs and newly operational GIFT City Fund Management Entity
  • Ongoing consolidation of Group's broking entities into a single entity
  • Key priorities for FY 2026-27: disciplined growth in core trading business, enhanced capital and risk management efficiency, continued technology investment, sustained regulatory transparency

Compliance and Regulatory Matters

  • Meeting conducted in compliance with Companies Act, 2013 & SS-2 Secretarial Standard on General Meetings issued by ICSI
  • Followed circulars issued by MCA and SEBI
  • Statutory Auditors CNK & Associates LLP and Secretarial Auditors Parikh & Associates issued unmodified audit reports without qualifications
  • Register of Directors and Key Managerial Personnel and their shareholding, Register of Contracts or Arrangements in which Directors are interested were available electronically for inspection

Voting Results Disclosure

  • The Chairman authorized Ms. Bhargavi Halapeti to accept and acknowledge the Scrutinizer's Report and declare consolidated results
  • Consolidated voting results along with Scrutinizer's Report to be announced under Regulation 44(3) of SEBI LODR Regulations
  • Results to be placed on company website (www.abansfinserv.com), NSDL website, and websites of BSE and NSE
  • Resolutions deemed passed on September 10, 2026, subject to receipt of requisite votes

Meeting Conclusion

The AGM concluded at 3:46 P.M. (IST) post expiry of 15 minutes time allotted for members to cast their vote.