Key Resolution Details

The company is seeking shareholder approval through postal ballot for the following resolution:

  • Resolution 1: Appointment of Mr. Karan Heda (DIN: 07032035) as a Director (Non-Executive, Non-Independent Director) of the Company
  • Resolution Type: Ordinary Resolution

Director Appointment Background

Mr. Karan Heda was initially appointed by the Board of Directors as an Additional Director (Non-Executive, Non-Independent) with effect from May 15, 2026, based on the recommendation of the Nomination, Remuneration and Compensation Committee. He holds office up to the date of the ensuing General Meeting in terms of section 161 of the Companies Act, 2013.

Voting Process Details

  • Cut-off Date: Friday, July 03, 2026 for determining shareholder eligibility
  • E-voting Period: Saturday, July 11, 2026 at 9:00 a.m. (IST) to Sunday, August 09, 2026 at 5:00 p.m. (IST)
  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • Result Announcement: Not later than 2 working days from conclusion of e-voting
  • Communication: Results will be communicated to BSE Limited and National Stock Exchange of India Limited

Scrutinizer Appointment

The Board of Directors appointed Mr. P. N. Parikh (FCS 327, CP No. 1228) or failing him, Ms. Sarvari Shah (FCS 9697, CP No. 11717) or failing her, Mr. Mitesh Dhabliwala (FCS 8331, CP No. 9511) from Parikh & Associates, Practicing Company Secretaries as Scrutinizer for conducting the postal ballot process.

Director Profile Details (Mr. Karan Heda)

  • Date of Birth: October 02, 1988 (37 years)
  • Nationality: Indian
  • Qualifications: Member of The Institute of Chartered Accountants of India (ICAI) and Bachelor of Commerce
  • Experience: Over 15 years in financial accounting, treasury, risk management, regulatory compliance, and strategic financial planning
  • Current Position: Vice President – Accounts & Treasury at ABANS Group
  • Shareholding: 17,500 equity shares (held in his own name)
  • Remuneration: Will not receive any remuneration from the Company
  • Other Directorships: Additional Whole-Time Director at Abans Securities Private Limited
  • Committee Memberships: None
  • Relationship with other Directors/KMP: None

Document Availability

The Postal Ballot Notice is available on the company's website (www.abansfinserv.com/postal-ballot), NSDL website (www.evoting.nsdl.com), and stock exchange websites (BSE and NSE).