ABans Enterprises Limited — Board/Management Information 2021

Mar 26, 2021

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March 26, 2021

To, To, BSE Limited Metropolitan Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Vibgyor Towers, 4[th] Floor, Plot No. C 62, 25[th] Floor, Dalal Street, G-Block, Opp. Trident Hotel, Fort, Mumbai – 400 001. Bandra Kurla Complex, Bandra (E), Mumbai – 400 098. Scrip Code: 512165 Symbol: ABANS

Dear Sir,

Sub: Outcome of Board Meeting

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in their meeting held today have considered and approved following matters:

• Appointment of Mr. Shivshankar Singh (DIN: 07787861) as an Additional Director (Non-Executive and Non-Independent)

Appointed Mr. Shivshankar Singh (DIN: 07787861) as an Additional Director (NonExecutive and Non - Independent) on the Board of the Company with immediate effect and he shall hold office till the conclusion of the ensuing annual general meeting. Brief Profile of Mr. Shivshankar Singh enclosed as Annexure - I. We hereby affirm that the Director being appointed is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

• Resignation of Mrs. Shriyam Bansal (DIN: 03481102) as Non-Executive and NonIndependent Director

Accepted the resignation letter dated March 26, 2021 of Mrs. Shriyam Bansal (DIN: 03481102) from the position of Non-Executive and Non-Independent Director from the end of business hours of March 26, 2021.

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The Board Meeting commenced at 03.00 p.m. and concluded at 03.15 p.m.

Kindly acknowledge and oblige.

Thanking you,

FOR ABANS ENTERPRISES LIMITED

DEEPESH Digitally signed by DEEPESH JAIN JAIN Date: 2021.03.26 15:23:24 +05'30' Deepesh Jain Company Secretary

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Annexure I

Sr. No.	Particulars	Disclosures
1.	Reason for Change	Appointment
2.	Date of appointment & terms of appointment	Mr. Shivshankar Singh (DIN: 07787861) have been appointed as an Additional Director (Non – Executive and Non-Independent) on the Board of the Company with immediate effect and he shall hold office till the conclusion of the ensuing Annual General Meeting. The effective date of appointment is March 26, 2021.
3.	Brief Profile	Mr. Shivshankar Singh is a technocrat having done his Diploma in Industrial Electronics from Vivekanad Education Society (1985-1989). Mr. Shivshankar Singh has been associated in the various capacities (including employment and directorship) with Abans Group of Companies since September 2016. Previously he has worked with CapStrat Consulting Private Limited, Indian Commodity Exchange Limited, BSE Limited and ONGC Limited. Mr. Shivshankar Singh has 28+ experience in field related to Information Technology field having expertise in domain of IT Infrastructure Management Developing Implementing ISMS, Facilities Management, Disaster Recovery and Business Continuity and Datacenter Management.
4.	Disclosure of relationships between Directors	Mr. Shivshankar Singh is not related to any Director of the Company

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