ABans Enterprises Limited — Proxy Solicitation & Information Statement 2025

Nov 18, 2025

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November 18, 2025

To,

BSE Limited

Phiroze Jeejeebhoy Towers, 25[th] Floor, Dalal Street, Fort, Mumbai – 400 001

To,

Metropolitan Stock Exchange of India Limited 205(A), 2[nd] Floor, Piramal Agastya Corporate Park, Kamani Junction, LBS Road, Kurla (West), Mumbai – 400 070

Scrip Code: 512165 Symbol: ABANS

Sub: Intimation of Postal Ballot Notice of Abans Enterprises Limited (“the Company”)

Dear Sir/ Madam,

Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Postal Ballot Notice dated November 06, 2025, along with the Explanatory Statement (“ Postal Ballot Notice ”) seeking approval of the Members of the Company on the following resolution forming part of the Postal Ballot Notice, only through remote e-voting process:-

Sr. No.	Description of the Resolutions	Type of Approval Required
1.	To appoint Mr. Jinesh Savla (DIN: 11286253) as a Whole Time Director & Chief Executive Officer of the Company for a term of three years	Special Resolution

In accordance with the provisions of the Act, and circulars issued by MCA, SEBI, from time to time, the Postal Ballot notice is being sent only through e-mail to those Members whose names appear in the Register of Members/ List of Beneficial Owners as on Friday, November 14, 2025 (“ Cut-Off Date ”) received from the Depositories i.e. National Securities Depository Limited (“NSDL”) / Central Depository Services (India) Limited and Registrar and Share Transfer Agent of the Company i.e. Purva Sharegistry (India) Pvt. Ltd (“RTA”) and who have or will register their email address with their Depository Participant(s) or with RTA in accordance with the process outlined in the Postal Ballot Notice. Members holding shares in physical mode and who have not updated their email addresses with the Company are requested to update their email addresses as per the instructions given in the enclosed Postal Ballot Notice.

The Company has engaged the services of NSDL for providing remote e-voting facility to all its members.

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The e-voting facility will be available during the following period:

Commencement of e-voting:	Thursday, November 20, 2025 at 9.00 a.m.(IST)
End of e-voting:	Friday, December 19, 2025 at 5.00p.m.(IST)

The results of the remote e-voting shall be announced on or before Tuesday, December 23, 2025 and the same will be communicated to the Stock Exchanges along with the Scrutinizer's report within the prescribed time.

The Postal Ballot Notice containing e-voting instructions and other necessary details is also being hosted on the website of the Company, i.e., www.abansenterprises.com , on the website of NSDL at www.evoting.nsdl.com and websites of the Stock Exchanges where the equity shares of the Company are listed i.e. BSE Limited at www.bseindia.com and Metropolitan Stock Exchange of India Limited www.msei.in.

Kindly take the above information on record.

Thanking you,

For Abans Enterprises Limited

MAHITI Digitally signed by HERMANN MAHITI HERMANN RATH Date: 2025.11.18 RATH 16:44:39 +05'30'

Mahiti Rath Company Secretary & Compliance Officer Membership No.: A72887

Encl: As above

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NOTICE OF POSTAL BALLOT

[Pursuant to Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014 (as amended from time to time) and applicable Circulars issued by the Ministry of Corporate Affairs, and Securities and Exchange Board of India]

VOTING STARTS ON	VOTING ENDS ON
Thursday, November 20, 2025 at 9:00 a.m. (IST)	Friday, December 19, 2025 at 5:00 p.m. (IST)

Dear Member(s),

Notice is hereby given that the resolutions set out below are proposed for approval by the Members of Abans Enterprises Limited (“ the Company ”) by means of Postal Ballot, only by remote e-voting process (“ e-voting ”) being provided by the Company to all its members to cast their votes electronically, pursuant to Section 110 of the Companies Act, 2013 (“ the Act ”), Rule 22 of the Companies (Management and Administration) Rules, 2014 (“the Rules”) and other applicable provisions of the Act and the Rules, General Circular Nos. 14/2020 dated April 8, 2020 and 17/2020 dated April 13, 2020 read with other relevant circulars, including General Circular No. 09/2024 dated September 19, 2024, issued by the Ministry of Corporate Affairs (“ MCA Circulars ”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ SEBI Listing Regulations ”), Secretarial Standard on General Meetings (“ SS-2 ”) issued by the Institute of Company Secretaries of India and other applicable laws, rules and regulations (including any statutory modification(s) or re-enactment(s) thereof for the time being in force).

An Explanatory Statement pursuant to the provisions of Section 102(1) and other applicable provisions of the Act read with the Rules, setting out all material facts relating to the resolutions proposed in this Postal Ballot Notice and additional information as required under the SEBI Listing Regulations and circulars issued thereof forms part of this Postal Ballot notice (the “Postal Ballot Notice”/ “Notice” ).

In accordance with the provisions of Sections 108 and 110 of the Act, read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI Listing Regulations, and other applicable provisions of the Act and the rules made thereunder, and the Articles of Association of the Company, the Company is offering facility of e-voting to all the Members to enable them to cast their votes electronically, in lieu of submitting postal ballot forms. The manner of voting on the proposed resolution is restricted only to e-voting i.e., by casting votes electronically instead of submitting postal ballot forms. In compliance with the MCA Circulars, the postal ballot notice and instructions for e-voting are being sent only through electronic mode to those Members whose email addresses are registered with the Company/ depository participant(s) as on the cut-off date Friday, November 14, 2025.

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The Company has engaged the services of National Securities Depository Limited, (“NSDL”) as its agency for providing e-voting facility to the Members of the Company. The period of voting through Postal Ballot shall commence on Thursday, November 20, 2025 at 9.00 a.m. (IST) and ends on Friday, December 19, 2025 at 5.00 p.m. (IST) .

The Board of Directors of the Company at its meeting held on November 06, 2025 have appointed Rachana Shanbhag (Membership No FCS 8227/ CP 9297), Partner of M/s. D. A. Kamat & Co., Company Secretaries (P.R. No. 1714/2022) as the Scrutinizer for conducting the postal ballot (remote e- voting) process in a fair and transparent manner.

The Scrutinizer will submit the report to the Chief Executive Officer or Company Secretary or to any other person authorized by them, after completion of scrutiny of the Postal Ballot through e-voting. The results of the Postal Ballot shall be declared on or before Tuesday, December 23, 2025 at the Registered Office of the Company.

Item of business requiring approval of Shareholders through Postal Ballot by ‘ remote e-voting ’ are given below:

SPECIAL BUSINESS:

• 1) To appoint Mr. Jinesh Savla (DIN: 11286253) as a Whole Time Director & Chief Executive Officer of the Company for a term of three years

To consider and if thought fit, to pass the following resolution as a Special Resolution :

“RESOLVED THAT pursuant to 152, 161, 196, 197, 203 and 198 read with Schedule V and other applicable provisions of the Companies Act, 2013 and the rules framed thereunder, (“the Act”), Regulation 17, 26A and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (including any statutory modification(s) or re-enactment thereof for the time being in force), Mr. Jinesh Savla (DIN: 11286253) who was appointed as an Additional Director of the Company by the Board of Directors of the Company with effect from October 18, 2025 and as recommended by Nomination, Remuneration and Compensation Committee (NRCC) and Board of Directors of the Company at their meeting held on October 08, 2025, consent of the Shareholders of the Company, be and is hereby accorded for appointment of Mr. Jinesh Savla (DIN: 11286253) as a Whole Time Director & Chief Executive Officer on the Board of the Company for a term of 3 (three) years w.e.f. October 18, 2025, liable to retire by rotation, at a total remuneration of an amount not exceeding Rs. 40,00,000/- (Rupees Forty Lakhs Only) per annum (which may either be drawn from the Company or its subsidiaries) (Employee Stock Options, if any, vested and exercised shall be in addition to the remuneration);

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RESOLVED FURTHER THAT the Board of Directors including Nomination Remuneration and Compensation Committee (NRCC) of the Company be and are hereby authorized to alter and vary the terms and conditions of the said appointment and/ or remuneration as it may deem fit subject to the same not exceeding the limits specified under Schedule V of the Companies Act, 2013 or any statutory modification(s) or re-enactments thereof;

RESOLVED FURTHER THAT Mr. Jinesh Savla will be entitled to reimbursement expenses actually and properly incurred by him in the course of discharging official duties of the Company;

RESOLVED FURTHER THAT subject to the applicable provisions of the Companies Act, 2013 read with Schedule V and other prevalent laws, where in any of the three years starting from October 18, 2025 up to October 17, 2028, the Company has no profits or its profits are inadequate, the Company may pay the aforesaid remuneration to Mr. Jinesh Savla within the overall limits prescribed under the provisions of the Act;

RESOLVED FURTHER THAT any of the Directors (excluding Independent Directors) and Key Managerial Personnel of the Company be and are hereby authorized severally to file necessary e-Forms with Registrar of Companies, issue appointment letter, take necessary steps to make entries in the Register of Directors and Key Managerial Personnel and their Shareholding and to do all such acts, deeds or things which are necessary to give effect to the said appointment.”

Date: November 06, 2025 Place: Mumbai

By order of the Board of Directors For Abans Enterprises Limited Sd/Mahiti Rath Company Secretary & Compliance Officer Membership No.: ACS 72887

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Notes:

1. Explanatory Statement

The Explanatory Statement pursuant to Section 102 and other applicable provisions of the Companies Act, 2013 (‘Act’) and relevant information with respect to the director seeking appointment under Item No. 1 of this Notice, as required under Schedule V of the Companies Act, 2013, Regulation 36 of the SEBI Listing Regulations and Secretarial Standard-2 on General Meetings issued by the Institute of Company Secretaries of India (‘SS-2’), are annexed hereto.

2. Dispatch of Notice through electronic means

In accordance with the provisions of the Act, MCA Circulars and SEBI Circulars, this Notice is being sent only by electronic mode to those Members whose names appear in the Register of Members/ List of Beneficial Owners as on Friday, November 14, 2025 ( “Cut-Off Date” ) received from the Depositories i.e. National Securities Depository Limited (“ NSDL ”)/ Central Depository Services (India) Limited (“ CDSL ”) and Registrar and Share Transfer Agent of the Company i.e. Purva Sharegistry (India) Pvt. Ltd (“ RTA ”) and who have or will register their email address with their Depository Participant(s) (“ DPs ”) or with RTA in accordance with the process outlined in this Notice. Physical copies of the Postal Ballot Notice along with postal ballot forms and prepaid business reply envelopes are not being sent to Members for this Postal Ballot. The communication of the assent or dissent of the members would take place through the process of remote e-voting only. In line with the Ministry of Corporate Affairs (MCA) Circular No. 17/2020 dated April 13, 2020, this Notice has been uploaded on the website of the Company at www.abansenterprises.com. Members may note that the Notice can also be accessed from the websites of the Stock Exchanges i.e. BSE Limited at www.bseindia.com and Metropolitan Stock Exchange of India Limited (www.msei.in) and the Notice is also available on the website of NSDL (agency for providing the Remote e-Voting facility) i.e. www.evoting.nsdl.com.

Dispatch of the Notice and the Explanatory Statement shall be announced through an advertisement published in one Regional Newspaper, widely circulated in Mumbai (in vernacular language i.e., Marathi) and one English Newspaper circulated throughout India (in English Language) and shall be hosted on the Company’s website. The said public notice shall also mention the process for registration of email IDs by those Shareholders who have not yet registered their email IDs with the Company.

3. Voting rights

Voting rights shall be reckoned in proportion to the paid-up equity shares registered in the name of the Member as on the Cut-Off date. Only those Members whose names are recorded in the Register of Members/ List of Beneficial Owners maintained by the Depositories as on the Cut-Off Date shall be eligible to cast their votes through remote e-voting. A person who is not a Member on the Cut-Off Date should treat this Notice for information purposes only. It is however, clarified that all Members of the Company as on the Cut-Off Date (including those Members who may not have received this Notice due

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to non-registration of their e-mail addresses with the Company/ RTA/ Depositories) shall be entitled to vote in relation to the aforementioned Resolutions in accordance with the process specified in this Notice.

4. Electronic voting

In compliance with provisions of Section 108 and Section 110 and other applicable provisions of the Act, as amended, read together with the Rule 20 and 22 of Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI Listing Regulations, Secretarial Standard – 2 issued by the Institute of Company Secretaries of India, MCA Circulars and SEBI Circulars, the Company is providing the remote e-voting facility to its Members to cast their votes electronically on the matters included in this Notice. For this purpose, the Company has engaged the services of NSDL to provide e-voting facility to enable the Members to cast their votes electronically. The facility of casting votes by a Member using remote e-voting system as well as e-voting at the AGM will be provided by NSDL.

Members are requested to follow the procedure stated in the “Instructions for E-voting Section” of this Notice for casting of votes electronically.

The cut-off date for determining the Members eligible to vote on Resolutions proposed to be considered at the Meeting is Friday, November 14, 2025. The e-voting period commences on Thursday, November 20, 2025 at 9.00 a.m. (IST) and ends on Friday, December 19, 2025 at 5.00 p.m. (IST). During this period, the Members of the Company holding shares in physical or electronic form, as on the Cut-Off Date may cast their vote by electronic means in the manner and process as mentioned in this Notice. Once the vote is cast by the Member, the Member shall not be allowed to change it or cast the vote again. The remote e-voting will not be allowed beyond the aforesaid date and time and the remote e-voting module shall be disabled thereafter.

The Resolutions set out in this Notice shall be deemed to have been passed on the last date of e-voting, if approved by the requisite majority.

5. Scrutinizer

The Board of Directors of the Company at its Meeting held on Thursday, November 06, 2025, have appointed Ms. Rachana Shanbhag (Membership No FCS 8227/ CP 9297), Partner of M/s. D. A. Kamat & Co., Company Secretaries (P.R. No. 1714/2022), as the Scrutinizer for conducting the Postal Ballot process in a fair and transparent manner.

The Scrutinizer will submit the report to the Chief Executive Officer or Company Secretary or to any other person authorized by them after completion of the scrutiny of the remote e-voting. The Scrutinizer’s decision on the validity of votes cast will be final. The results of the Postal Ballot will be announced by the Chief Executive Officer or Company Secretary of the Company or to any other person authorized by them on or before Tuesday, December 23, 2025, i.e. not later than 2 working days from the conclusion of remote e-voting.

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The Voting results along with Scrutinizer’s Report will be displayed at the Registered Office as well as the Corporate Office of the Company and will also be communicated to BSE Limited (“BSE”) and Metropolitan Stock Exchange of India Limited (“ MSE” ) where the shares of the Company are listed. A copy of the results will also be available on NSDL website at https://www.evoting.nsdl.com and the Company’s website at http://www.abansenterprises.com.

6. Proxy(ies)

A member cannot exercise his/ her vote through proxy on postal ballot. Institutional/ Corporate Members (i.e. other than individuals, HUF, NRI etc.) intending to authorize their representatives for the purpose of voting are required to send a certified copy of the Board Resolution/ Authorisation etc. authorizing their representatives to vote on their behalf to the Scrutinizer by email at office@csdakamat.com with a copy marked to compliance@abansenterprises.com.

7. Inspection

All the documents referred to in this Postal Ballot Notice will be available for inspection electronically until the last date of e-voting. Members seeking to inspect such documents can send an email request to compliance@abansenterprises.com mentioning his / her / its folio number / DP ID and Client ID.

8. Mandatory updation of PAN, KYC, Nomination and Bank details by Members

• a) Members may please note that as per the SEBI Master Circular for Registrars to an Issue and Share Transfer Agents dated May 17, 2023 and SEBI Circular SEBI/HO/MIRSD/POD-1/P/CIR/2023/181 dated November 17, 2023, SEBI has mandated the submission of PAN, KYC details and nomination by holders of physical securities, and linking PAN with Aadhaar. Member are requested to intimate changes, if any, pertaining to their name, postal address, e-mail address, telephone/ mobile numbers, Permanent Account Number (PAN), mandates, nominations, power of attorney, bank details such as, name of the bank and branch details, bank account number, MICR Code, IFSC Code, etc.:

• i. For shares held in electronic form: to their Depository Participants (DPs)

• ii. For shares held in physical form: to the Company/ Company’s Registrar and Transfer Agents, Purva Sharegistry (India) Pvt. Ltd. (“RTA”) in prescribed Form ISR-1, Form ISR-2 and SH-13 (available on the Company’s website at https://abansenterprises.com/downloads) to update KYC and choice of Nomination (in case same are not already updated), to the Company’s Registrar and Share Transfer Agent.

• b) Members may please note that SEBI vide its Circular No. SEBI/HO/MIRSD/MIRSD RTAMB/P/CIR/2022/8 dated January 25, 2022, as amended, has mandated the listed companies to issue securities in dematerialized form only while processing service requests viz. Issue of duplicate

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securities certificate; claim from unclaimed suspense account; renewal/ exchange of securities certificate; endorsement; sub-division/splitting of securities certificate; consolidation of securities certificates/ folios; transmission and transposition. Accordingly, Members are requested to make service requests by submitting a duly filled and signed Form ISR-4, the format of which is available on the Company’s website and on the website of the Company’s RTA at support@purvashare.com.

It may be noted that any service request can be processed only after the folio is KYC Compliant.

• c) SEBI vide its Notification dated January 24, 2022 has amended Regulation 40 of the SEBI Listing Regulations which has mandated that all requests for transfer of securities including transmission and transposition requests be processed only in dematerialized form. In view of the same and to eliminate all risks associated with physical shares and avail various benefits of dematerialisation, Members are advised to dematerialise the shares held by them in physical form. Members can contact the Company or RTA, for assistance in this regard.

• d) Members holding shares in physical form, in identical order of names, in more than one folio are requested to send to the Company or RTA, the details of such folios together with the share certificates along with the requisite KYC Documents for consolidating their holdings in one folio. Requests for consolidation of share certificates shall be processed in dematerialized form.

• e) As per the provisions of Section 72 of the Act and SEBI Circular, the facility for making nomination is available for the Members in respect of the shares held by them. Members who have not yet registered their nomination are requested to register the same by submitting Form No. SH-13. If a Member desires to opt out or cancel the earlier nomination and record a fresh nomination, he/ she may submit the same in Form ISR-3 or SH-14 as the case may be. The said forms can be downloaded from the Company’s website. Members are requested to submit the said details to their DP in case the shares are held by them in dematerialized form and to RTA in case the shares are held in physical form.

• f) SEBI vide its Master Circular No. SEBI/HO/MIRSD/ POD-1/P/CIR/2024/37 dated May 7, 2024, has mandated that with effect from April 1, 2024, dividend to security holders who are holding securities in physical form, shall be paid only through electronic mode. Such payment shall be made only after the shareholders furnish their PAN, contact details (postal address with PIN and mobile number), Bank Account details & Specimen Signature (“KYC”).

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EXPLANATORY STATEMENT PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013

The Explanatory Statement pursuant to Section 102 of the Companies Act, 2013, given hereunder sets out all material facts relating to the Special Business mentioned at Item No. 1 of the accompanying Postal Ballot Notice dated November 06, 2025:

Item No. 1 : To appoint Mr. Jinesh Savla (DIN: 11286253) as a Whole Time Director & Chief Executive Officer of the Company for a term of three years

The Board of Directors, at their meeting held on October 08, 2025, based on the recommendation of the Nomination, Remuneration and Compensation Committee (“NRCC”), Mr. Jinesh Savla (DIN: 11286253) as a Whole-time Director & CEO of the Company, for a period of three years commencing from October 18, 2025 to October 17, 2028, at a total remuneration of an amount not exceeding Rs. 40,00,000/(Rupees Forty Lakhs Only) per annum (which may either be drawn from the Company or its subsidiaries) (Employee Stock Options, if any, exercised and vested shall be in addition to the remuneration), subject to approval of the Members.

Further, as approved and recommended by the NRCC and the Board of Directors of the Company, in the event of no/ inadequacy of profits in any of the three years starting from October 18, 2025 up to October 17, 2028, the aforesaid remuneration shall be payable to Mr. Savla as minimum remuneration, subject to compliance with Schedule V of the Companies Act, 2013.

This appointment is being proposed as part of the Company’s efforts to further strengthen governance and align strategic leadership with overall business oversight.

Upon his appointment, Mr. Jinesh Savla would be considered as a Key Managerial Personnel (“KMP”) pursuant to Section 203 of the Act and will be liable to retire by rotation pursuant to Section 152(6) of the Act.

Mr. Savla has confirmed that he is not disqualified from being appointed as Director in terms of the provisions of Section 164(1) and (2) of the Act. Mr. Savla has provided his consent for such appointment and has also confirmed that he is not debarred from holding the office of Director by virtue of any SEBI order or any such authority, pursuant to circulars dated June 20, 2018 issued by the BSE Limited and the National Stock Exchange of India Limited, pertaining to the enforcement of SEBI orders regarding the appointment of Directors by the listed companies

Except Mr. Jinesh Savla, none of the other Directors or Key Managerial Personnel of the Company or their relatives, are in any way, financially or otherwise, concerned or interested in the said Resolution as set out at Item No. 1 of the accompanying Notice except to the extent of their shareholding, if any. Mr. Savla is not related to any Director or Key Managerial Personnel of the Company.

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Based on the recommendation of the NRCC and considering Mr. Savla’s qualifications, experience, and leadership abilities, the Board proposes his appointment as a Whole Time Director & Chief Executive Officer of the Company, liable to retire by rotation. The Board considers the proposed Special Resolution to be in the interest of the Company and recommends the same for Members’ approval for appointment of Jinesh Savla as Whole Time Director & CEO.

The principal terms and conditions of Mr. Jinesh Savla’s appointment, including remuneration, are as under:

• Remuneration: Not exceeding Rs. 40,00,000/- (Rupees Forty Lakhs Only) per annum (either may be drawn from the Company or its subsidiaries), Employee Stock Options, if any, shall be in addition to the above remuneration.

• Minimum Remuneration: In the event of loss or inadequacy of profits in any of the three years starting from October 18, 2025 up to October 17, 2028, the aforesaid remuneration shall be payable to Mr. Savla as minimum remuneration, subject to compliance with Schedule V of the Companies Act, 2013.

All other terms and conditions of his appointment shall be governed by the applicable provisions of the Companies Act, 2013 and the rules made thereunder.

The disclosures as required under Schedule V of the Companies Act, 2013 and Additional information as per the Secretarial Standard – 2 on General Meetings issued by the Institute of Company Secretaries of India and Regulation 36 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided below in Annexure A & B respectively.

Annexure A- Disclosures as required under Schedule V of the Companies Act, 2013 are as under:

I.	General information:
1.	Nature of industry	Abans Enterprises Ltd. (AEL) is engaged in general trading of agri commodities, precious metals and trading in derivatives on recognized exchange.
2.	Date or expected date of commencement of commercial production	The Company is an existing company and is in operation since 1985.
3.	In case of new companies, expected date of commencement of activities as per project approved by financial institutions appearing in the prospectus	Not applicable

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4.	Financial performance based on given indicators	The details of the Standalone Financial Performance of the Company for the financial year 2024-25 is summarized below: (Rs. in Lakhs) Revenue from Operation : 10,545.39 Profit before Tax : 440.04 Profit after Tax : 317.36
5.	Foreign investments or collaborations, if any.	The Company has Foreign Portfolio Investors.
II.	Information about the appointee
1.	Background details	Mr. Jinesh Savla is a business leader with over 17 years of diverse experience across manufacturing, entrepreneurship, digital commerce, and financial markets. He is presently serving as Vice President – Research Desk and Institutional Fund Raising at Abans Group, where he has been instrumental in establishing equity and commodities research functions and leading international institutional fund-raising initiatives. Prior to joining Abans, he served as Vice President – Marketing at Tic Tac Toe Footwear, where he successfully built the brand’s digital presence and expanded its e-commerce and marketplace operations. Earlier, as Founder & CEO of Jin Plast Engineering, he pioneered the import of advanced manufacturing technologies.. Mr. Savla began his career at Galva Deco Parts Pvt. Ltd., progressing from Product Development to CEO, where he led the business to significant growth and managed major international clients such as Volkswagen and General Motors. He holds a Bachelor’s degree in Chemical Engineering from UDCT, Mumbai (now Institute of Chemical Technology). Mr. Savla is recognized for his strategic thinking, leadership, and expertise in business development, growth initiatives, andglobal stakeholder management.

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		Mr. Savla brings with him extensive experience in Manufacturing, Marketing & Finance with a proven track record of driving growth, improving operational efficiency, and creating stakeholder value. His appointment is expected to provide focused leadership, enhance execution of business strategies, optimize operations, and boost stakeholder confidence, thereby aligning with the Company’s long-term vision and objectives.
2.	Past remuneration (INR)	No past remuneration from the Company.
3.	Recognition or awards	-
4.	Job profile and his suitability	Mr. Savla brings with him extensive experience in Manufacturing, Marketing & Finance with a proven track record of driving growth, improving operational efficiency, and creating stakeholder value. His appointment is expected to provide focused leadership, enhance execution of business strategies, optimize operations, and boost stakeholder confidence, thereby aligning with the Company’s long-term vision and objectives.
5.	Remuneration proposed	As set out in Resolution No. 1 of the Notice and Explanatory Statement
6.	Comparative remuneration profile with respect to industry, size of the company, profile of the position and person (in case of expatriates the relevant details would be with respect to the country of his origin)	The remuneration of Mr. Savla is commensurate with respect to industry, size of the Company, profile of the position.
7.	Pecuniary relationship directly or indirectly with the company, or relationship with the managerial personnel [or other director], if any.	Mr. Savla has no pecuniary relationship directly or indirectly with the Company.

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III.	General information:
1.	Reasons of loss or inadequate profits	Not applicable as on date. Approval is being sought for payment of remuneration in the event of no/ inadequacy of profits in the future.
2.	Steps taken or proposed to be taken for improvement	Not applicable
3.	Expected increase in productivity and profits in measurable terms	Not applicable

Annexure B- Details of Director seeking appointment/ re-appointment pursuant to Regulation 36 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) – Regulations, 2015 and Secretarial Standard 2 on General Meetings issued by the Institute of Company Secretaries of India

Name of Director	Mr. Jinesh Savla
Designation and Category of Director	Whole Time Director & CEO
Director Identification Number (DIN)	11286253
Date of Birth / Age	February 01, 1984 / 41 years
Date of first appointment	October 18, 2025
Qualifications	As detailed in Annexure A.
Brief profile & Nature of expertise in specific functional area	As detailed in Annexure A.
Terms and Conditions of appointment/ re-appointment	Appointment in terms of Section 152(6) of the Companies Act, 2013 The other terms and conditions of appointment are set out in the Explanatory Statement for Item No. 1 and Annexure A.
Directorship in other listed entities	NIL
Directorship in Other Companies (excluding Listed Entities, Foreign Companies and Section 8 Companies)	NIL

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Chairmanships/ Memberships of Committees held in Committees of Other Companies	NIL
Names of listed entities from which the directors have resigned in the past 3 (three) years	NIL
Details of remuneration sought to be paid	As detailed in Annexure A.
Remuneration last drawn (including sitting fees, if any)	As detailed in Annexure A.
Number of Board meetings attended during the year	1/1 meeting
Shareholding of non-executive directors in the Company as on date of Notice (including shareholding as Beneficial Owner)	NA
Relationship with other Directors/ Key Managerial Personnel/ Managers	None
Justification for choosing the individual for appointment as an Independent Director	Not Applicable

By order of the Board of Directors For Abans Enterprises Limited

Date: November 06, 2025 Place: Mumbai

Sd/Mahiti Rath Company Secretary & Compliance Officer Membership No.: ACS 72887

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PROCEDURE FOR E-VOTING:

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(i) E-VOTING FACILITY:

• (a) In compliance with 108, 110 and other applicable provisions of the of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI Listing Regulations and SS – 2 issued by the Institute of Company Secretaries of India and any amendments thereto, the Company is pleased to provide remote e-Voting facility to all its Members, to enable them to cast their votes electronically. The Company has engaged the services of NSDL for the purpose of providing remote e-Voting facility to all its Members.

• (b) The e-voting facility will be available during the following voting period:

Commencement of remote e- voting	Thursday, November 20, 2025 at 9:00 a.m. (IST)
End of remote e-voting	Friday, December 19, 2025 at 5:00 p.m. (IST)

The remote e-voting will not be allowed before or beyond the aforesaid dates and time and the remote e-voting module shall be forthwith disabled by NSDL upon expiry of the aforesaid period. Once the vote on the resolution is cast by the Member, he/she shall not be allowed to change it subsequently.

• (c) The voting rights of the Members shall be in proportion of their shareholding to the total issued and paid up equity share capital of the Company as on the Cut-off Date i.e. Friday, November 14, 2025.

• (d) Members holding shares either in physical form or dematerialized form, as on the Cut-off Date (including those Members who may not receive this Postal Ballot Notice due to non-registration of their email address with RTA or the DPs, as aforesaid) can cast their votes electronically, in respect of the Resolution as set out in this Postal Ballot Notice only through the remote e-voting.

(ii) THE INSTRUCTIONS FOR E-VOTING ARE AS FOLLOWS:

The way to vote electronically on NSDL e-Voting system consists of “Two Steps” which are mentioned below:

Step 1 : Access to the NSDL e-voting system

Step 2 : Cast your vote electronically on NSDL e-voting system.

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- Step 1: Access to NSDL e Voting system

(A) Login method for e voting and voting for individual shareholders holding securities in demat mode:

In terms of the SEBI circular dated December 9, 2020 on the e-voting facility provided by listed companies and as part of increasing the efficiency of the voting process, the e-voting process has been enabled to all individual shareholders holding securities in demat mode to vote through their demat account maintained with depositories and depository participants. Shareholders are advised to update their mobile number and email ID in their demat accounts to access e-voting facility.

Login method for Individual shareholders holding securities in demat mode is given below:

Type of shareholders	Login Method	Login Method
Individual Shareholders holding securities in demat mode with NSDL.	1. 2. 3.	For OTP based login you can click onhttps://eservices.nsdl.com/SecureWeb/evoting/evotinglogin.jsp. You will have to enter your 8-digit DP ID,8-digit Client Id, PAN No., Verification code and generate OTP. Enter the OTP received on registered email id/mobile number and click on login. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider i.e. NSDLand you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period. ExistingIDeASuser can visit the e-Services website of NSDL Viz. https://eservices.nsdl.com either on a Personal Computer or on a mobile. On the e-Services home page click on the “Beneficial Owner”icon under“Login”which is available under‘IDeAS’ section , this will prompt you to enter your existing User ID and Password. After successful authentication, you will be able to see e-Voting services under Value added services. Click on“Access to e-Voting”under e-Voting services and you will be able to see e-Voting page. Click on company name ore-Voting service provider i.e. NSDLand you will be re-directed to e-Voting website of NSDL for casting your vote during the remote e-Voting period. If you are not registered for IDeAS e-Services, option to register is available athttps://eservices.nsdl.com. Select“Register Online for IDeAS Portal” or click at https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp

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1. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e. your sixteen digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider i.e. NSDL and you will be redirected to e-Voting website of NSDL for casting your vote during the remote e-Voting period.

2. Shareholders/Members can also download NSDL Mobile App “ NSDL Speede ” facility by scanning the QR code mentioned below for seamless voting experience.

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Individual		1. Users who have opted for CDSL Easi / Easiest facility, can login through
Shareholders		their existing user id and password. Option will be made available to
holding		reach e-Voting page without any further authentication. The users to
securities	in	login Easi / Easiest are requested to visit CDSL website
demat	mode	www.cdslindia.com and click on login icon & New System Myeasi Tab
with CDSL		and then user your existing my easi username & password.
		2. After successful login the Easi / Easiest user will be able to see the
		e-Voting option for eligible companies where the evoting is in progress
		as per the information provided by company. On clicking the evoting
		option, the user will be able to see e-Voting page of the e-Voting service
		provider for casting your vote during the remote e-Voting period.
		Additionally, there is also links provided to access the system of all
		e-Voting Service Providers, so that the user can visit the e-Voting service
		providers’ website directly.

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1. If the user is not registered for Easi/Easiest, option to register is available at CDSL website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option.

2. Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a e-Voting link available on http://www.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the evoting is in progress and also able to directly access the system of all e-Voting Service Providers.

Individual	You can also login using the login credentials of your demat account
Shareholders	through your Depository Participant registered with NSDL/CDSL for
(holding	e-Voting facility. upon logging in, you will be able to see e-Voting option.
securities in	Click on e-Voting option, you will be redirected to NSDL/CDSL
demat mode)	Depository site after successful authentication, wherein you can see
login through	e-Voting feature. Click on company name or e-Voting service provider i.e.
their depository	NSDL and you will be redirected to e-Voting website of NSDL for casting
participants	your vote duringthe remote e-Voting period.

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. NSDL and CDSL.

**Login type **		Helpdesk details
Individual Shareholders holding securities in demat mode with NSDL		Members facing any technical issue in login can contact NSDL helpdesk by sending a request atevoting@nsdl.comor call at 022 - 4886 7000
Individual Shareholders holding securities in demat mode with CDSL		Members facing any technical issue in login can contact CDSL helpdesk by sending a request at helpdesk.evoting@cdslindia.comor contact at toll free no. 1800-21-09911

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• (B) Login Method for shareholders other than Individual shareholders holding securities in demat mode and shareholders holding securities in physical mode.

How to Log-in to NSDL e-Voting website?

1. Visit the e-Voting website of NSDL. Open web browser by typing the following URL: https://www.evoting.nsdl.com/ either on a Personal Computer or on a mobile.

2. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section.

3. A new screen will open. You will have to enter your User ID, your Password/OTP and a Verification Code as shown on the screen.

4. Alternatively, if you are registered for NSDL eservices i.e. IDEAS, you can log-in at https://eservices.nsdl.com/ with your existing IDEAS login. Once you log-in to NSDL eservices after using your log-in credentials, click on e-Voting and you can proceed to Step 2 i.e. Cast your vote electronically.

5. Your User ID details are given below :

Manner of holding shares i.e. Demat (NSDL or CDSL) or Physical	Your User ID is:
a) For Members who hold shares in demat account with NSDL.	8 Character DP ID followed by 8 Digit Client ID For example if your DP ID is IN300 and Client ID is 12 then your user ID is IN30012**.
b) For Members who hold shares in demat account with CDSL.	16 Digit Beneficiary ID For example if your Beneficiary ID is 12** then your user ID is 12**
c) For Members holding shares in Physical Form.	EVEN Number followed by Folio Number registered with the company For example if folio number is 001 and EVEN is 101456 then user ID is 101456001

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1. Password details for shareholders other than Individual shareholders are given below:

2. (a) If you are already registered for e-Voting, then you can user your existing password to login and cast your vote.

3. (b) If you are using NSDL e-Voting system for the first time, you will need to retrieve the ‘initial password’ which was communicated to you. Once you retrieve your ‘initial password’, you need to enter the ‘initial password’ and the system will force you to change your password.

4. (c) How to retrieve your ‘initial password’?

   • (i) If your email ID is registered in your demat account or with the company, your ‘initial password’ is communicated to you on your email ID. Trace the email sent to you from NSDL from your mailbox. Open the email and open the attachment i.e. a .pdf file. Open the .pdf file. The password to open the .pdf file is your 8 digit client ID for NSDL account, last 8 digits of client ID for CDSL account or folio number for shares held in physical form. The .pdf file contains your ‘User ID’ and your ‘initial password’.

   • (ii) If your email ID is not registered, please follow steps mentioned below in process for those shareholders whose email ids are not registered

5. If you are unable to retrieve or have not received the “ Initial password” or have forgotten your password:

6. (a) Click on “ Forgot User Details/Password ” (If you are holding shares in your demat account with NSDL or CDSL) option available on www.evoting.nsdl.com.

7. (b) Physical User Reset Password ?” (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.

8. (c) If you are still unable to get the password by aforesaid two options, you can send a request at evoting@nsdl.com mentioning your demat account number/folio number, your PAN, your name and your registered address etc.

9. (d) Members can also use the OTP (One Time Password) based login for casting the votes on the e-Voting system of NSDL.

10. After entering your password, tick on Agree to “Terms and Conditions” by selecting on the check box.

11. Now, you will have to click on “Login” button.

12. After you click on the “Login” button, Home page of e-Voting will open.

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- Step 2: Cast your vote electronically on NSDL e Voting system:

1. After successful login at Step 1, you will be able to see all the companies “EVEN” in which you are holding shares and whose voting cycle is on.

2. Select “EVEN” of company for which you wish to cast your vote during the remote e-Voting period.

3. Now you are ready for e-Voting as the Voting page opens.

4. Cast your vote by selecting appropriate options i.e. assent or dissent, verify/modify the number of shares for which you wish to cast your vote and click on “Submit” and also “Confirm” when prompted.

5. Upon confirmation, the message “Vote cast successfully” will be displayed.

6. You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.

7. Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

General Guidelines for shareholders:

1. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) are required to send scanned copy (PDF/JPG Format) of the relevant Board Resolution/ Authority letter etc. with attested specimen signature of the duly authorized signatory(ies) who are authorized to vote, to the Scrutinizer by e-mail to office@csdakamat.com with a copy marked to evoting@nsdl.com. Institutional shareholders (i.e. other than individuals, HUF, NRI etc.) can also upload their Board Resolution / Power of Attorney / Authority Letter etc. by clicking on "Upload Board Resolution / Authority Letter" displayed under "e-Voting" tab in their login.

2. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the “Forgot User Details/Password?” or “Physical User Reset Password?” option available on www.evoting.nsdl.com to reset the password.

3. In case of any queries, you may refer the Frequently Asked Questions (FAQs) for Shareholders and e-voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on toll free no.: 022 - 4886 7000 or send a request to Mr Sagar Gudhate, Senior Manager at evoting@nsdl.com.

Process for those shareholders whose email ids are not registered with the depositories for procuring user id and password and registration of e mail ids for e-voting for the resolutions set out in this notice :

1. In case shares are held in physical mode please provide Folio No., Name of shareholder, scanned copy of the share certificate (front and back), PAN (self-attested scanned copy of PAN card), and

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AADHAR (self-attested scanned copy of Aadhar Card) by email to compliance@abansenterprises.com

1. In case shares are held in demat mode, please provide DPID-CLID (16 digit DPID + CLID or 16 digit beneficiary ID), Name, client master or copy of Consolidated Account statement, PAN (selfattested scanned copy of PAN card), AADHAR (self-attested scanned copy of Aadhar Card) to compliance@abansenterprises.com. If you are an Individual shareholders holding securities in demat mode, you are requested to refer to the login method explained at step 1 (A ) i.e. Login method for e-Voting for Individual shareholders holding securities in demat mode .

2. Alternatively shareholder/members may send a request to evoting@nsdl.com for procuring user id and password for e-voting by providing above mentioned documents.

3. In terms of SEBI circular dated December 9, 2020 on e-Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are required to update their mobile number and email ID correctly in their demat account in order to access e-Voting facility.

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INFORMATION AT A GLANCE:

Particulars		Notes	Notes	Notes
Cut-off Date to determine those members who are eligible to vote on the resolution		Friday, November 14, 2025
Remote e-Voting start time and date		9.00 a.m. (IST) on Thursday, November 20, 2025
Remote e-Voting end time and date		5.00 p.m. (IST) on Friday, December 19, 2025
Date on which the resolution is deemed to be passed		Last date of voting i.e. Friday, December 19, 2025
Name, address and contact details of Registrar and Share Transfer Agent.		Contact Person:Ms. Deepali Dhuri
		Compliance Officer
		Purva Sharegistry (India)Pvt. Ltd
		Unit no. 9, Shiv Shakti Ind. Est., J .R. Boricha Marg, Lower Parel(E), Mumbai 400 011
		Contact details: Add email ids :support@purvashare.com
		Contact Number: 022 23018261/23010771
Name, address and contact details of e-voting service provider		Contact Person: Mr. SagarGudhate
		Officer
		National Securities DepositoryLimited
		4thFloor, A Wing, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013
		Contact details:		evoting@nsdl.com
		Contact number- 1800 1020 990/1800 224 430
NSDL e-voting website address		https://www.evoting.nsdl.com/
Name and contact details of the Compliance Officer		Contact Person:
		Ms. Mahiti Rath
		CompanySecretaryand Compliance Officer
		36, 37, 38A, Floor 3, Nariman Bhavan, Backbay Reclamation, Nariman Point, Mumbai – 400 021
		Contact Number: 022 6817 0100
		Email:	compliance@abansenterprises.com

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