ABANS FINANCIAL SERVICES LIMITED

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February 27, 2025

To, To BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”) Phiroze Jeejeebhoy Towers The Listing Department, Dalal Street, Exchange Plaza, Bandra - Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai – 400051 BSE Script Code: 543712 NSE Symbol: AHL

Sub: Postal Ballot Notice - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Dear Sir/Madam,

Pursuant to Regulation 30 read with Schedule III of the Listing Regulations, please find enclosed herewith the Postal Ballot Notice along with explanatory statement (“Notice”) seeking approval of the members of the Company on the following resolutions forming part of the Notice, only through remote e- voting process.

Sr. No. 1. 2. 3.	Description of Resolutions	Type
	To approve material related party transactions proposed to be entered into bythe Companyand its Subsidiaries	Ordinary Resolution
	To approve disposal of the whole of the undertaking viz. Abans Agri Warehousing & Logistics Private Limited by way of voluntary windingup	Special Resolution
	To approve and set the upper limit in remuneration to Mr. Naresh Tejwani (DIN: 00847424), Non- Executive Director of the Company for an amount not exceedingRs. 12 lakhsper annum	Special Resolution

In accordance with the provisions of the Act and circulars issued by MCA and SEBI, from time to time, the notice has been sent/issued only through email to those members, whose email addresses are registered with the Company's Registrar and Share Transfer Agent viz., Purva Sharegistry (India) Pvt Ltd with the Depositories/ their Participants and whose names appear in the Register of Members as on cutoff date, i.e., Friday, February 21, 2025.

The Company has engaged the services of National Securities Depositories Limited (“NSDL”) for providing remote e-voting facility to all its members.

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

Commencement of e-voting:	Friday,February28,2025 at 9.00 a.m.(IST)
End ofe-voting:	Saturday,March 29,2025at5.00 p.m. (IST).

The results of the remote e-voting shall be announced on or before Wednesday, April 02, 2025 and the same will be communicated to the Stock Exchanges along with the Scrutinizer's report within the prescribed time.

(Formerly known as Abans Holdings Limited)

Regd. Office: 36, 37, 38A, Floor-3, Nariman Bhavan, Backbay Reclamation, Nariman Point, Mumbai-400021. CIN: L74900MH2009PLC231660 Tel: +91 22 68170100 Fax: 022 61790010 Email ID: [email protected] Website: www.abansfinserv.com

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The notice containing e-voting instructions and other necessary details is being hosted on the website of the Company, i.e., www.abansfinserv.com and on the website of NSDL at www.evoting.nsdl.com.

Kindly take the above information on record.

Thanking you,

For Abans Financial Services Limited

(Formerly known as Abans Holdings Limited)

Abhishek Digitally signed by Abhishek Pradeepkumar Bansal Pradeepkumar Bansal Date: 2025.02.27 15:33:21 +05'30'

Abhishek Bansal Director DIN: 01445730

Encl: As above

Abans Financial Services Limited

(Formerly known as Abans Holdings Limited)

Regd. Office: 36, 37, 38A, Floor-3, Nariman Bhavan, Backbay Reclamation, Nariman Point, Mumbai-400021. CIN: L74900MH2009PLC231660 Tel: +91 22 68170100 Fax: 022 61790010

Email ID: [email protected] Website: www.abansfinserv.com

ABANS FINANCIAL SERVICES LIMITED

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(Formerly known as Abans Holdings Limited)

Registered Office: 36, 37, 38A, Floor 3, Nariman Bhavan, Backbay Reclamation, Nariman Point, Mumbai – 400 021 | CIN: L74900MH2009PLC231660

Email Id: [email protected] Phone No.: +91-022-61790000 Website: www.abansfinserv.com

NOTICE OF POSTAL BALLOT

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

VOTING STARTS ON VOTING ENDS ON Friday, February 28 , 2025 at 9:00 a.m. (IST) Saturday, March 29 , 2025 at 5:00 p.m. (IST)

To the Members of the Company,

Notice is hereby given that pursuant to the provisions of Sections 108, 110 and other applicable provisions of the Companies Act, 2013 (“the Act”) (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), read with the Companies (Management and Administration) Rules, 2014 (“Rules”), as amended from time to time, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), General Circular Nos. 14/2020 dated April, 8, 2020, 17/2020 dated April 13, 2020, 20/2020 dated May 5, 2020, 22/2020 dated June 15, 2020, 33/2020 dated September 28, 2020, 39/2020 dated December 31, 2020 10/2021 dated June 23, 2021, 20/2021 dated December 8, 2021, 3/2022 dated May 5, 2022 and 11/2022 dated December 28, 2022 General Circular No. 9/2023 dated September 25, 2023 and 09/2024 dated September 19, 2024, issued by the Ministry of Corporate Affairs, Government of India (the “MCA Circulars”), the Securities and Exchange Board of India Circular Nos. SEBI/HO/CFD/CMD1/ CIR/P/2020/79 dated May 12, 2020 and SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated January 15, 2021, as amended from time to time (“SEBI Circulars”), Secretarial Standard on General Meetings (SS-2) issued by the Institute of Company Secretaries of India and any other applicable laws, rules and regulations (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), that the resolutions appended below are proposed to be passed by the members of the Abans Financial Services Limited (Formerly known as Abans Holdings Limited) (“the Company”) (as on the Cut-off Date) (“Members”), through postal ballot (the “Postal Ballot”) only by way of remote e-voting (“e-voting”) process.

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 Listing Regulations and circulars issued thereof forms part of this Postal Ballot notice (the “Postal Ballot 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 (Management Rules), 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 participants(s) as on the cut-off date (Friday, February 21, 2025).

The Board of Directors at their meeting held on February 10, 2025 has appointed Mr. P. N. Parikh (FCS 327, CP No. 1228) or failing him, Ms. Sarvari Shah (F9697, CP 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, only through e-voting process, in a fair and transparent manner and they have communicated their willingness to be

appointed and will be available for the said purpose. The Scrutinizer’s decision on the validity of the votes cast in the Postal Ballot shall be final.

Those Members who have not yet registered their e-mail addresses are requested to register the same by following the procedure set out in this Postal Ballot Notice for receipt of future email communication.

Members are requested to read the instructions given in the Notes to this Postal Ballot Notice to cast their vote electronically. The votes can be cast during the following voting period:

Commencement of e-voting	9:00 a.m. (IST) on Friday, February 28, 2025
End ofe-voting:	5:00 p.m. (IST) onSaturday,March 29,2025

The Scrutinizer will submit his report, after the completion of scrutiny of the votes cast, to the Chairman and Managing Director of the Company or any person authorized by him in writing. The results of e-voting will be announced on or before Wednesday, April 02, 2025, and will be displayed on the Company’s website at www.abansfinserv.com and the website of NSDL at https://www.evoting.nsdl.com/. The results will simultaneously be communicated to the Stock Exchanges and will also be displayed at the registered office of the Company.

SPECIAL BUSINESSES

1. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PROPOSED TO BE ENTERED INTO BY THE COMPANY AND ITS SUBSIDIARIES

To consider and if thought fit, to pass the following resolution as an Ordinary Resolution :

“RESOLVED THAT pursuant to the provisions of Regulation 23(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended from time to time (“Listing Regulation”), and other applicable provisions of the Companies Act, 2013 ( “Act” ) read with the applicable rules issued under the Act (including any statutory modification(s) or re-enactment thereof, for the time being in force), the Company’s Policy on Materiality of Related Party Transactions and on dealing with Related Party Transactions, pursuant to the approval of the Audit Committee and the Board of Directors of the Company, the approval of the Members of the Company be and is hereby accorded to the Company to enter into and / or continue the related party transaction(s) /contract(s) /arrangement(s) / agreement(s) (in terms of Regulation 2(1)(zc)(i) of the Listing Regulations) in terms of the explanatory statement to this resolution and more specifically set out in Table in the explanatory statement to this resolution on the respective material terms & conditions set out there (whether by way of an individual transaction or transactions taken together or series of transactions or tranches or otherwise) between the Company and related parties mentioned in the Table ( “Related Party” ), provided however that the aggregate amount/ value of all such arrangements/ transactions/ contracts that may be entered into by the Company along with its subsidiaries with the Related Parties and remaining outstanding at any one point in time shall not exceed the limits mentioned in the table forming part of explanatory statement during the financial year 2025-26, provided that the said transactions are entered into/ carried out on arm’s length basis and in the ordinary course of business on such terms and conditions as may be considered appropriate by the Board of Directors (including any authorized Committee thereof);

RESOLVED FURTHER THAT the Board be and is hereby authorised, to do and perform all such acts, deeds, matters and things, as may be necessary, including finalising the terms and conditions, methods and modes in respect thereof and finalising and executing necessary documents, including contract(s), scheme(s), agreement(s) and such other documents, file applications and make representations in respect thereof and seek approval from relevant authorities, including Governmental/ regulatory authorities, as applicable, in this regard and deal with any matters, take necessary steps as the Board may, in its absolute discretion deem necessary, desirable or expedient, to give effect to this resolution and to settle any question that may arise in this regard and incidental thereto;

RESOLVED FURTHER THAT the Board, be and is hereby authorised to delegate all or any of the powers herein conferred, to any Director(s), Chief Financial Officer, Company Secretary or any other Officer(s)/

Authorised Representative(s) of the Company, to do all such acts, deeds, matters and things and take such steps, as may be considered necessary or expedient, to give effect to the aforesaid resolution(s);

RESOLVED FURTHER THAT all actions taken by the Board or any person so authorized by the Board, in connection with any matter referred to or contemplated in any of the foregoing resolutions, be and are hereby approved, ratified and confirmed in all respects without any further reference to the Members.”

2. TO APPROVE DISPOSAL OF THE WHOLE OF THE UNDERTAKING VIZ. ABANS AGRI WAREHOUSING & LOGISTICS PRIVATE LIMITED BY WAY OF VOLUNTARY WINDING UP

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

“RESOLVED THAT pursuant to the provisions of Section 180(1)(a), Section 272 and other applicable provisions, if any, of the Companies Act, 2013 read with rules made thereunder (including any statutory modification(s) clarification(s), substitution(s) or re-enactment(s) thereof, for the time being in force) and subject to such other approvals, consents, sanctions and permissions of the appropriate authorities, departments or bodies as may be necessary, the consent of the members of the Company be and is hereby accorded to Board of Directors (including any Committee which the Board may have constituted or hereinafter constitute to exercise the power conferred by this Resolution) for voluntary winding up of its of Wholly Owned Subsidiary, Abans Agri Warehousing & Logistics Private Limited, in accordance with applicable laws and regulatory requirements;

RESOLVED FURTHER THAT the Board of Directors of the Company and/or the Board of Directors of the wholly owned subsidiary of the Company be and are hereby authorized to do all such acts, deeds, matters and things including but not limited to authorizing signatories, deciding on the manner and extent of carrying out the winding up process and to execute agreement(s), such other document(s), by whatever name called and to do all acts, matters and things as may be necessary and to settle any questions or difficulties that may arise in this regard and incidental thereto, without being required to seek any further consent or approval of the Members and to delegate all or any of the powers or authorities herein conferred to any director(s) or other officer(s) of the Company or the concerned wholly owned subsidiary (as the board of such wholly owned subsidiary may determine), or to engage any advisor, consultant, agent or intermediary, as may be deemed necessary.”

3. TO APPROVE AND SET UPPER LIMIT IN REMUNERATION TO MR. NARESH TEJWANI (DIN: 00847424), NON-EXECUTIVE DIRECTOR OF THE COMPANY FOR AMOUNT NOT EXCEEDING RS. 12 LAKHS PER ANNUM

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

“ RESOLVED THAT in supersession of resolution passed on April 30, 2024 by the Shareholders and March 20, 2024 by the Board for remuneration pertaining to FY 25-26 and pursuant to provisions of Section 188(1)(f), 197, 198, Schedule V and all other applicable provisions, if any of the Companies Act, 2013 (Act) and rules framed there under (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), and based on the recommendation of the Nomination, Remuneration and Compensation Committee and Board of Directors, approval of the Members of the Company be and is hereby accorded for payment of remuneration to Mr. Naresh Tejwani, Non-Executive Director of the Company not exceeding Rs. 12,00,000/-(Rupees Twelve Lakhs Only) per annum with effect from April 01, 2025, to March 31, 2026.

RESOLVED FURTHER THAT the above remuneration be paid to Mr. Naresh Tejwani (DIN: 00847424) even if it exceeds one percent of the net profits of the Company in accordance with sections 197 and 198 of the Act, including any statutory modification(s) or re-enactment(s) thereof.

RESOLVED FURTHER THAT that where in any financial year during the period from April 01, 2025 to March 31, 2026, the Company has no profits or its profits are inadequate, the Company may pay the above remuneration to Mr. Naresh Tejwani, Non-Executive Director of the Company as the minimum remuneration, subject to receipt of the requisite approvals, if any.

RESOLVED FURTHER THAT Mr. Naresh Tejwani (DIN: 00847424) will be entitled to reimbursement of entertainment and all other expenses actually, reasonably and properly incurred by him in the course of discharging official duties of the Company;

RESOLVED FURTHER THAT pursuant to the provisions of Regulation 17(6) (ca) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), approval of the Members of the Company be and is hereby accorded for payment of above annual remuneration to Mr. Naresh Tejwani, Non-Executive Director of the Company for Financial Year 2025-26, being an amount exceeding fifty percent of the total annual remuneration payable to all Non-Executive Directors for financial year 2025-26.

RESOLVED FURTHER THAT the Board of Directors, Key Managerial Personnel and / or any other person authorized by the Board of Directors of the Company be and is hereby authorized to do all such acts, deeds, matters and things and take all such steps as may be deemed necessary, proper or expedient to give effect to this resolution.”

Registered Office:

By order of the Board of Directors For Abans Financial Services Limited (Formerly known as Abans Holdings Limited)

36, 37, 38A, 3rd Floor, 227 Nariman Bhavan, Backbay Reclamation, Limited) Nariman Point, Mumbai - 400 021 CIN: L74900MH2009PLC231660 Website: www.abansfinserv.com Email: [email protected] Sd/Tel: +91 - 022 – 6179 0000 Mr. Abhishek Bansal Chairman and Managing Director

Date: February 10, 2025 Place: Mumbai

Notes:

A statement, pursuant to the provisions of Section 102(1), 110 and other applicable provisions of the Act read with the Rules, setting out all material facts relating to the resolutions mentioned in this Postal Ballot Notice and additional information as required under the Listing Regulations are attached.
In compliance with the provisions of the Act, MCA Circulars and SEBI Circulars, this Postal Ballot Notice is being sent only through electronic mode to those members whose names appear in the register of members / register of beneficial owners as on Friday, February 21, 2025 (“Cut-Off Date”) received from the Depositories and whose e-mail address is registered with the Company / Registrar and Transfer Agent / Depository Participants / Depositories. Physical copies of this 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.
This Postal Ballot Notice will also be available on the Company’s website at www.abansfinserv.com, websites of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively, and on the website of NSDL at https://www.evoting.nsdl.com/.
In accordance with the MCA Circulars, the Company has made necessary arrangements for the members to register their e-mail address. Members who have not registered their e-mail address are requested to register the same (i) with the Depository Participant(s) where they maintain their demat accounts, if the shares are held in electronic form, and (ii) Members holding shares in physical mode, who have not registered / updated their e-mail address with the Company, are requested to register / update their e-mail address by submitting Form ISR-1 (available on the website of the Company at www.abansfinserv.com) duly filled and signed along with requisite supporting documents to Purva Sharegistry (India) Pvt. Ltd at Unit no. 9, Shiv Shakti Ind. Est., J.R. Boricha Marg, Lower Parel (E), Mumbai 400 011.
Only a person, whose name is recorded in the register of members / register of beneficial owners, as on the Cut-Off Date, maintained by the Depositories shall be entitled to participate in the e-voting. A person who is not a member as on the Cut-Off Date, should treat this Postal Ballot Notice for information purposes only.
Subject to the provisions of the Articles of Association of the Company, voting rights of a member / beneficial owner (in case of electronic shareholding) shall be in proportion to his / her / its shareholding in the paid-up equity share capital of the Company as on the Cut-Off Date.
Pursuant to the provisions of Sections 108, 110 and other thereunder, the MCA Circulars, Regulation 44 of the Listing Regulations read with Section VI-C of the SEBI Master Circular bearing reference no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, as amended ( “SEBI Master Circular” ), and SS2 and any amendments thereto, the Company is providing the remote e-voting facility to the members to exercise their right to vote on the proposed resolutions electronically. The instructions for e-voting are provided as part of this Postal Ballot Notice.

8. The e-voting period commences at 9:00 a.m. (IST) on Friday, February 28, 2025, and ends at 5:00 p.m. (IST) on Saturday, March 29, 2025.

The e-voting shall not be allowed beyond the aforesaid date and time, and the e-voting module shall be forthwith disabled by NSDL upon expiry of the aforesaid period.

The resolutions, if approved, shall be deemed to have been passed on the last date of e-voting i.e., Saturday, March 29, 2025 .
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.
All the documents referred to in this Postal Ballot Notice will be available for inspection electronically without any fee by the members from the date of circulation of this Postal Ballot Notice until the last date of e-voting. Members seeking to inspect such documents can send an email to [email protected] mentioning his / her / its folio number / DP ID and Client ID.
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 [email protected] with a copy marked to [email protected].
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 [email protected] mentioning his / her / its folio number / DP ID and Client ID.

EXPLANATORY STATEMENT

(PURSUANT TO SECTION 102 OF THE COMPANIES ACT, 2013)

The following Statement sets out all material facts relating to the Special Business mentioned in the Notice:

Resolution No. 1: To approve Material Related Party Transactions proposed to be entered into by the Company and its Subsidiaries

Pursuant to Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), all Related Party Transactions shall require prior approval of the Audit Committee of the Company. Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2021, effective April 01, 2022, all ‘Material Related Party Transaction’ and subsequent material modifications as defined by the Audit Committee in this regard, with an aggregate value exceeding Rs. 1,000 crore or 10% of annual consolidated turnover of the Company as per the last audited financial statements of the Company, whichever is lower, shall require prior approval of the Members of the Company. The said limits are applicable, even if the transactions are in the ordinary course of business of the company concerned and at an arm’s length basis.

The definition of ‘Related Party Transactions’ under Regulation 2(1) (zc) of the SEBI LODR Regulations also includes those between the subsidiary of a listed entity on the one hand and related party on the other hand.

Members’ approval is required for the following Material Related Party Transactions to be entered into by the Company and its subsidiaries for financial year 2025-26:


						*% of nine*
Sr	*AFSL and its*		*Relationship with listed*			*months*	*% of Annual*
		*Counter Party*		*Nature of transaction*	*Rsin lakhs*
no	*subsidiaries*	*name*	*entity or it's*		.	*Consolid*	*Standalone T/O*
			Subsidiaries*			*ated*
						_T/O_**
1	Abans Broking Services Pvt Ltd	Abans Capital Pvt Ltd	Subsidiary Company	Sale of Financial Instruments	1,50,000	67.60%	0.00%
2	Abans Broking Services Pvt Ltd	Abans Commodities (I)Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
3	Abans Broking Services Pvt Ltd	Abans Alternative Funds LLP	GroupCompany	Sale of Financial Instruments	25,000	11.27%	17.36%
4	Abans Broking Services Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	104.15%
5	Abans Broking Services Pvt Ltd	Abans Finance Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	1784.51%
6	Abans Broking Services Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale of Financial Instruments	1,50,000	67.60%	6489.84%
7	Abans Broking Services Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	104.15%
8	Abans Broking Services Pvt Ltd	Abans Global Broking IFSC Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	25476.30%
9	Abans Broking Services Pvt Ltd	Abans Global Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	6533.78%
10	Abans Broking Services Pvt Ltd	Abans Investment Managers Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	27926.94%
11	Abans Broking Services Pvt Ltd	Abans Jewels Ltd	GroupCompany	Sale of Financial Instruments	2,50,000	112.67%	173.58%
12	Abans Broking Services Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale of Financial Instruments	2,50,000	112.67%	173.58%
13	Abans Broking Services Pvt Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	879.83%
14	Abans Broking Services Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	104.15%
15	Abans Broking Services Pvt Ltd	Zicuro Technologies Pvt Ltd	GroupCompany	Sale of Financial Instruments	25,000	11.27%	17.36%
16	Abans Commodities (I)Pvt Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
17	Abans Commodities (I)Pvt Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	0.00%

18 19 20 21 22 23 24 25 26 27 28 29	Abans Commodities (I)Pvt Ltd	Abans Alternative Funds LLP	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Finance Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Global Broking IFSC Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Global Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Investment Managers Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Jewels Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
	Abans Commodities (I)Pvt Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
30	Abans Commodities (I)Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%	134257.83%
31	Abans Commodities (I)Pvt Ltd	Zicuro Technologies Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		134257.83%
32	Abans Finance Pvt Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
33	Abans Finance Pvt Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%		0.00%
34	Abans Finance Pvt Ltd	Abans Commodities (I)Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%		134257.83%
35	Abans Finance Pvt Ltd	Abans Diversified Alternative Funds LLP	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
36	Abans Finance Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
37	Abans Finance Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale of Financial Instruments	1,50,000	67.60%		6489.84%
38	Abans Finance Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
39	Abans Finance Pvt Ltd	Abans Global Broking IFSC Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%		25476.30%
40	Abans Finance Pvt Ltd	Abans Global Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%		6533.78%
41	Abans Finance Pvt Ltd	Abans Investment Managers Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%		27926.94%
42	Abans Finance Pvt Ltd	Abans Jewels Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
43	Abans Finance Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
44	Abans Finance Pvt Ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
45	Abans Finance Pvt Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
46	Abans Finance Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
47	Abans Finance Pvt Ltd	Zicuro Technologies Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,50,000	67.60%		1784.51%
48	Abans Financial Services Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		5408.20%
49	Abans Financial Services Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		0.00%
50	Abans Financial Services Ltd	Abans Commodities (I)Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		111881.52%
51	Abans Financial Services Ltd	Abans Diversified Alternative Funds LLP	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		5408.20%

52	Abans Financial Services Ltd	Abans Enterprises Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	1,25,000	56.34%	5408.20%
53	Abans Financial Services Ltd	Abans Finance Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000		56.34%	5408.20%
54	Abans Financial Services Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000		56.34%	5408.20%
55	Abans Financial Services Ltd	Abans Global Broking IFSC Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000		56.34%	21230.25%
56	Abans Financial Services Ltd	Abans Global Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000		56.34%	5444.82%
57	Abans Financial Services Ltd	Abans Investment Managers Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,25,000		56.34%	23272.45%
58	Abans Financial Services Ltd	Abans Jewels Ltd	GroupCompany	Sale of Financial Instruments	1,25,000		56.34%	5408.20%
59	Abans Financial Services Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000		56.34%	5408.20%
60	Abans Financial Services Ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000		56.34%	5408.20%
61	Abans Financial Services Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		5408.20%
62	Abans Financial Services Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		5408.20%
63	Abans Financial Services Ltd	Zicuro Technologies Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		5408.20%
64	Abans Investment Managers Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
65	Abans Investment Managers Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		0.00%
66	Abans Investment Managers Ltd	Abans Commodities (I)Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		111881.52%
67	Abans Investment Managers Ltd	Abans Diversified Alternative Funds LLP	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
68	Abans Investment Managers Ltd	Abans Enterprises Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
69	Abans Investment Managers Ltd	Abans Finance Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
70	Abans Investment Managers Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
71	Abans Investment Managers Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
72	Abans Investment Managers Ltd	Abans Global Broking IFSC Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
73	Abans Investment Managers Ltd	Abans Global Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
74	Abans Investment Managers Ltd	Abans Jewels Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
75	Abans Investment Managers Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
76	Abans Investment Managers Ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
77	Abans Investment Managers Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
78	Abans Investment Managers Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
79	Abans Investment Managers Ltd	Zicuro Technologies Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		23272.45%
80	Abans Securities Pvt Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		733.19%
81	Abans Securities Pvt Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		0.00%
82	Abans Securities Pvt Ltd	Abans Commodities (I)Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		111881.52%
83	Abans Securities Pvt Ltd	Abans Alternative Funds LLP	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		733.19%
84	Abans Securities Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%		733.19%
85	Abans Securities Pvt Ltd	Abans Finance Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%		1487.09%

86	Abans Securities Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale of Financial Instruments	1,25,000	56.34%	5408.20%
87	Abans Securities Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%	733.19%
88	Abans Securities Pvt Ltd	Abans Global Broking IFSC Pvt Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%	21230.25%
89	Abans Securities Pvt Ltd	Abans Global Ltd	StepSubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%	5444.82%
90	Abans Securities Pvt Ltd	Abans Investment Managers Ltd	SubsidiaryCompany	Sale of Financial Instruments	1,25,000	56.34%	23272.45%
91	Abans Securities Pvt Ltd	Abans Jewels Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%	733.19%
92	Abans Securities Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%	733.19%
93	Abans Securities Pvt Ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%	733.19%
94	Abans Securities Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%	733.19%
95	Abans Securities Pvt Ltd	Zicuro Technologies Pvt Ltd	GroupCompany	Sale of Financial Instruments	1,25,000	56.34%	733.19%
96	Abans Broking Services Pvt Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	0.00%
97	Abans Broking Services Pvt Ltd	Abans Commodities (I)Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
98	Abans Broking Services Pvt Ltd	Abans Creations Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	277.72%
99	Abans Broking Services Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	277.72%
100	Abans Broking Services Pvt Ltd	Abans Finance Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	4758.69%
101	Abans Broking Services Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale ofgoods	4,00,000	180.28%	17306.24%
102	Abans Broking Services Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	277.72%
103	Abans Broking Services Pvt Ltd	Abans Global Broking IFSC Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	67936.80%
104	Abans Broking Services Pvt Ltd	Abans Investment Managers Ltd	SubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	74471.84%
105	Abans Broking Services Pvt Ltd	Abans Jewels Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	277.72%
106	Abans Broking Services Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	277.72%
107	Abans Broking Services Pvt Ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	277.72%
108	Abans Broking Services Pvt Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
109	Abans Broking Services Pvt Ltd	Clamant Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	19158923.27%
110	Abans Broking Services Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	277.72%
111	Abans Capital Pvt Ltd	Abans Broking Services Pvt Ltd	Step Subsidiary Company	Sale of goods	4,00,000	180.28%	0.00%
112	Abans Capital Pvt Ltd	Abans Commodities (I) Pvt Ltd	Step Subsidiary Company	Sale of goods	4,00,000	180.28%	0.00%
113	Abans Capital Pvt Ltd	Abans Enterprises Ltd	Group Company	Sale of goods	4,00,000	180.28%	0.00%
114	Abans Capital Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale of goods	4,00,000	180.28%	0.00%
115	Abans Capital Pvt Ltd	Abans Fintrade Pvt Ltd	Group Company	Sale of goods	4,00,000	180.28%	0.00%
116	Abans Capital Pvt Ltd	Abans Jewels Ltd	Group Company	Sale of goods	4,00,000	180.28%	0.00%

117	Abans Capital Pvt Ltd	Abans Metals Pvt Ltd	Group Company	Sale of goods	4,00,000	180.28%	0.00%
118	Abans Capital Pvt Ltd	Abans Securities Pvt Ltd	Step Subsidiary Company	Sale of goods	4,00,000	180.28%	0.00%
119	Abans Capital Pvt Ltd	Lifesurge Trading Pvt Ltd	Group Company	Sale of goods	4,00,000	180.28%	0.00%
120	Abans Commodities (I)Pvt Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
121	Abans Commodities (I)Pvt Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	0.00%
122	Abans Commodities (I)Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
123	Abans Commodities (I)Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale ofgoods	4,00,000	180.28%	358020.87%
124	Abans Commodities (I)Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
125	Abans Commodities (I)Pvt Ltd	Abans Jewels Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
126	Abans Commodities (I)Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
127	Abans Commodities (I)Pvt Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
128	Abans Commodities (I)Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
129	Abans Finance Pvt Ltd	Abans Broking Services Pvt Ltd	Step Subsidiary Company	Sale of goods	4,00,000	180.28%	4758.69%
130	Abans Finance Pvt Ltd	Abans Securities Pvt Ltd	Step Subsidiary Company	Sale of goods	4,00,000	180.28%	4758.69%
131	Abans Financial Services Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	17306.24%
132	Abans Financial Services Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	0.00%
133	Abans Financial Services Ltd	Abans Commodities (I)Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	358020.87%
134	Abans Financial Services Ltd	Abans Enterprises Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	17306.24%
135	Abans Financial Services Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	17306.24%
136	Abans Financial Services Ltd	Abans Jewels Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	17306.24%
137	Abans Financial Services Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	17306.24%
138	Abans Financial Services Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	17306.24%
139	Abans Financial Services Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	17306.24%
140	Abans Global Broking IFSC Pvt Ltd	Abans Broking Services Pvt Ltd	Step Subsidiary Company	Sale of goods	4,00,000	180.28%	67936.80%
141	Abans Global Broking IFSC Pvt Ltd	Abans Securities Pvt Ltd	Step Subsidiary Company	Sale of goods	4,00,000	180.28%	67936.80%
142	Abans Investment Managers Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	74471.84%
143	Abans Investment Managers Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	74471.84%
144	Abans Securities Pvt Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
145	Abans Securities Pvt Ltd	Abans Capital Pvt Ltd	SubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	0.00%
146	Abans Securities Pvt Ltd	Abans Commodities (I)Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	358020.87%

147	Abans Securities Pvt Ltd	Abans Creations Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
148	Abans Securities Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
149	Abans Securities Pvt Ltd	Abans Finance Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	4758.69%
150	Abans Securities Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Sale ofgoods	4,00,000	180.28%	17306.24%
151	Abans Securities Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
152	Abans Securities Pvt Ltd	Abans Global Broking IFSC Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	67936.80%
153	Abans Securities Pvt Ltd	Abans Investment Managers Ltd	SubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	74471.84%
154	Abans Securities Pvt Ltd	Abans Jewels Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
155	Abans Securities Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
156	Abans Securities Pvt Ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
157	Abans Securities Pvt Ltd	Clamant Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	19158923.27%
158	Abans Securities Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Sale ofgoods	4,00,000	180.28%	2346.20%
159	Clamant Broking Services Pvt Ltd	Abans Broking Services Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	19158923.27%
160	Clamant Broking Services Pvt Ltd	Abans Securities Pvt Ltd	StepSubsidiaryCompany	Sale ofgoods	4,00,000	180.28%	19158923.27%
161	Abans Broking Services Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Purchase of Financial Instruments	1,00,000	45.07%	69.43%
162	Abans Broking Services Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	86.79%
163	Abans Broking Services Pvt Ltd	Abans Jewels Ltd	GroupCompany	Purchase of Financial Instruments	2,50,000	112.67%	173.58%
164	Abans Broking Services Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	86.79%
165	Abans Broking Services Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	86.79%
166	Abans Capital Pvt Ltd	Abans Jewels Ltd	Group Company	Purchase of Financial Instruments	1,25,000	56.34%	0.00%
167	Abans Commodities (I)Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	111881.52%
168	Abans Commodities (I)Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	111881.52%
169	Abans Commodities (I)Pvt Ltd	Abans Jewels Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	111881.52%
170	Abans Commodities (I)Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	111881.52%
171	Abans Commodities (I)Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	111881.52%
172	Abans Finance Pvt Ltd	Abans Enterprises Ltd	Group Company	Purchase of Financial Instruments	1,25,000	56.34%	1487.09%
173	Abans Finance Pvt Ltd	Abans Fintrade Pvt Ltd	Group Company	Purchase of Financial Instruments	1,25,000	56.34%	1487.09%
174	Abans Finance Pvt Ltd	Abans International Ltd	Group Company	Purchase of Financial Instruments	1,25,000	56.34%	0.00%
175	Abans Finance Pvt Ltd	Abans Jewels Ltd	Group Company	Purchase of Financial Instruments	1,25,000	56.34%	1487.09%
176	Abans Finance Pvt Ltd	Abans Metals Pvt Ltd	Group Company	Purchase of Financial Instruments	1,25,000	56.34%	1487.09%
177	Abans Finance Pvt Ltd	Abhishek Bansal	Director / Promoter / Key Management Personnel	Purchase of Financial Instruments	1,25,000	56.34%	1487.09%

178	Abans Finance Pvt Ltd	Lifesurge Trading Pvt Ltd	Group Company	Purchase of Financial Instruments	1,25,000	56.34%	1487.09%
179	Abans Financial Services Ltd	Abans Enterprises Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	5408.20%
180	Abans Financial Services Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	408.20%
181	Abans Financial Services Ltd	Abans Jewels Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	5408.20%
182	Abans Financial Services Ltd	Abans Metals Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	5408.20%
183	Abans Financial Services Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	5408.20%
184	Abans Investment Managers Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	23272.45%
185	Abans Investment Managers Ltd	Abans Jewels Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	23272.45%
186	Abans Securities Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	733.19%
187	Abans Securities Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	733.19%
188	Abans Securities Pvt Ltd	Abans Jewels Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	733.19%
189	Abans Securities Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,00,000	45.07%	586.55%
190	Abans Securities Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Purchase of Financial Instruments	1,25,000	56.34%	733.19%
191	Abans Broking Services Pvt Ltd	Abans Creations Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	277.72%
192	Abans Broking Services Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	277.72%
193	Abans Broking Services Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	277.72%
194	Abans Broking Services Pvt Ltd	Abans Jewels Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	277.72%
195	Abans Broking Services Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	277.72%
196	Abans Broking Services Pvt Ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	277.72%
197	Abans Broking Services Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	277.72%
198	Abans Capital Pvt Ltd	Abans Enterprises Ltd	Group Company	Purchase of goods	4,00,000	180.28%	0.00%
199	Abans Capital Pvt Ltd	Abans Fintrade Pvt Ltd	Group Company	Purchase of goods	4,00,000	180.28%	0.00%
200	Abans Capital Pvt Ltd	Abans Jewels Ltd	Group Company	Purchase of goods	4,00,000	180.28%	0.00%
201	Abans Capital Pvt Ltd	Abans Metals Pvt Ltd	Group Company	Purchase of goods	4,00,000	180.28%	0.00%
202	Abans Capital Pvt Ltd	Lifesurge Trading Pvt Ltd	Group Company	Purchase of goods	4,00,000	180.28%	0.00%
203	Abans Commodities (I)Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	358020.87%
204	Abans Commodities (I)Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	358020.87%
205	Abans Commodities (I)Pvt Ltd	Abans Jewels Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	358020.87%
206	Abans Commodities (I)Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	358020.87%
207	Abans Commodities (I)Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	358020.87%
208	Abans Financial Services Ltd	Abans Enterprises Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	17306.24%

209	Abans Financial Services Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	17306.24%
210	Abans Financial Services Ltd	Abans Jewels Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	17306.24%
211	Abans Financial Services Ltd	Abans Metals Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	17306.24%
212	Abans Financial Services Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	17306.24%
213	Abans Securities Pvt Ltd	Abans Creations Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	2346.20%
214	Abans Securities Pvt Ltd	Abans Enterprises Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	2346.20%
215	Abans Securities Pvt Ltd	Abans Fintrade Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	2346.20%
216	Abans Securities Pvt Ltd	Abans Jewels Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	2346.20%
217	Abans Securities Pvt Ltd	Abans Metals Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	2346.20%
218	Abans Securities Pvt Ltd	Abans Realty & Infrastructure Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	2346.20%
219	Abans Securities Pvt Ltd	Lifesurge Trading Pvt Ltd	GroupCompany	Purchase ofgoods	4,00,000	180.28%	2346.20%
220	Abans Finance Pvt Ltd	Abans Broking Services Pvt Ltd	Step Subsidiary Company	Loan given during the period	3,50,000	157.74%	4163.85%
221	Abans Finance Pvt Ltd	Abans Capital Pvt Ltd	Subsidiary Company	Loan given during the period	2,00,000	90.14%	0.00%
222	Abans Finance Pvt Ltd	Abans Enterprises Ltd	Group Company	Loan given during the period	2,00,000	90.14%	2379.34%
223	Abans Finance Pvt Ltd	Abans Financial Services Ltd	Holding Company (Listed Entity)	Loan given during the period	25,000	11.27%	1081.64%
224	Abans Finance Pvt Ltd	Abans Fintrade Pvt Ltd	Group Company	Loan given during the period	2,50,000	112.67%	2974.18%
225	Abans Finance Pvt Ltd	Abans Jewels Ltd	Group Company	Loan given during the period	3,00,000	135.21%	3569.02%
226	Abans Finance Pvt Ltd	Abans Metals Pvt Ltd	Group Company	Loan given during the period	2,50,000	112.67%	2974.18%
227	Abans Finance Pvt Ltd	Abans Securities Pvt Ltd	Step Subsidiary Company	Loan given during the period	2,50,000	112.67%	2974.18%
228	Abans Finance Pvt Ltd	Lifesurge Trading Pvt Ltd	Group Company	Loan given during the period	1,00,000	45.07%	1189.67%
229	Abans Broking Services Pvt Ltd	Abhishek Bansal	Promoter / Director / Key Management Personnel	Loan received duringthe Period	1,00,000	45.07%	69.43%
230	Abans Capital Pvt Ltd	Abhishek Bansal	Promoter / Director / Key Management Personnel	Loan received during the Period	1,00,000	45.07%	0.00%
231	Abans Commodities (I)Pvt Ltd	Abhishek Bansal	Promoter / Director / Key Management Personnel	Loan received duringthe Period	1,00,000	45.07%	89505.22%
232	Abans Finance Pvt Ltd	Abhishek Bansal	Promoter / Director / Key Management Personnel	Loan received during the Period	5,00,000	225.35%	5948.36%
233	Abans Financial Services Ltd	Abhishek Bansal	Promoter / Director / Key Management Personnel	Loan received duringthe Period	1,00,000	45.07%	4326.56%
234	Abans Securities Pvt Ltd	Abhishek Bansal	Promoter / Director / Key Management Personnel	Loan received duringthe Period	1,00,000	45.07%	586.55%
235	Abans Finance Pvt Ltd	Abans Investment Trust	Group Company	Debt Securities Issued during the period	30,000	13.52%	356.90%
236	Abans Investment Managers Ltd	Abans Jewels Ltd	GroupCompany	Debt securities subscribed during theperiod	30,000	13.52%	5585.39%
237	Abans Broking Services Pvt Ltd	Abans Investment Trust	GroupCompany	Finance Cost on Debentures	25,000	11.27%	17.36%

238	Abans Finance Pvt Ltd	Abans Investment Trust	Group Company	Finance Cost on Debentures	26,000	11.72%	309.31%
239	Abans Investment Managers Ltd	Abans Jewels Ltd	GroupCompany	Redemption on debt securities received duringtheperiod	30,000	13.52%	5585.39%

Relationship with listed entity or it's Subsidiaries - Group Company means “enterprise owned and significantly influenced by Promoter / Director / Key Management Personnel”

** For the purpose of calculation of materiality threshold Consolidated turnover for the period April 01, 2024 to December 31, 2024 is considered.

Material Terms with Rationale

Nature of	Service Provider /	Service	Rationale	Material Terms
Transactions	Lender	Recipient /
		Borrower

Issue / redemption of Debt Securities / Finance Cost/Discount on Debentures / Redemption Payout/Interest Income	Listed Entity / Subsidiaries / Group companies	Listed Entity / Subsidiaries / Group companies	Group companies strategically issue diverse Market Linked Debentures (MLD), each tied to underlying indices, stocks, etc. These issuances are extended to Alternative Investment Funds (AIFs), and other group investee companies all conducted at arm's length to ensure fairness and transparency. Notably, the issuer reserves the right to issue debentures at a discount, contingent upon prevailing market conditions. Furthermore, the redemption of debt securities aligns with their scheduled due dates, while the issuing company may facilitate early redemptions upon investor request, provided it aligns with suitable conditions. This approach exemplifies our commitment to conducting related party transactions with prudence and in accordance with industry standards	Debentures are issued either at fixed interest or linked to an underlying asset (nifty, equity, commodity, etc), interest / coupon varies from 9% to 13% depending on the terms of issue.
Purchase/Sale of Financial Instruments	Listed Entity / Subsidiaries / Group companies	Listed Entity / Subsidiaries / Group companies	Group entities engage in the transfer of government securities and bonds for several strategic objectives, such as optimizing liquidity by reallocating surplus cash across different entities, realigning the fixed-income portfolio in response to dynamic market conditions, and capitalizing on interest rate differentials to	Financial instruments are sold or purchased at market rate plus interest accrued, if any, or cost plus profit where market rate is not available

			enhance the overall yield of the group’s investment portfolio.
Purchase/Sale of goods	Listed Entity / Subsidiaries / Group companies	Listed Entity / Subsidiaries / Group companies	Group entities engage in the purchase and sale of goods for various strategic reasons. These transactions enable subsidiaries and affiliates to expand into new markets by leveraging the established network and resources of related entities. Additionally, they help mitigate risks associated with third-party dealings, such as credit risk and contractual disputes.	Goods are sold or purchased at market rate or cost plus profit where market rate is not available.
Loans given / received during the year.	Listed Entity / Subsidiaries / Group companies / Promoter / Director / KMP	Listed Entity / Subsidiaries / Group companies / Promoter / Director / KMP	These Loans and Advances are facilitated to empower the group's business ventures. It's crucial to emphasize that the loan disbursement process for related parties mirrors that of external entities. This underscores our commitment to maintaining an arm's length transaction approach, ensuring fairness and transparency in financial dealings across all parties involved. Group entities may require immediate funding to meet operational expenses given on short-term basis and carry no interest. An advance ensures timely access to funds without disrupting operations.	Unsecured loan, Rate of interest is @ 11-12%, tenure is 1 year and repayment is on demand.

A. Justification as to why the proposed transactions is in the interest of the listed entity:

Proposed transactions are of following nature.

Loans received / given.
Debt securities issued and redeemed.
Purchase and sale of financial instruments.
Purchase and sale of goods.

Loan received and loan given are transactions that take the form of a revolving loan facility, which is payable on demand and carries an interest rate benchmarked to prevailing market rates for similar transactions. Debt securities issued are in the nature of borrowings either at fixed rate of interest or coupon is linked to market rate of defined underlying asset. These are for specific period and redeemable as per the agreed time period. Purchase and sale of financial instruments relate to buying and selling of government securities. It carries fixed rate of interest and has no risk of default. Purchase and sale of goods are for buying and selling of commodities from the group entities.

These transactions within our group are designed to optimize our working capital, mitigate risk, capitalize on strategic opportunities, and enhance transparency and efficiency. It allows the Company to leverage the resources and capabilities of other group companies. We want to assure you that each transaction has been carefully assessed to align with our commitment to protecting stakeholder’s interest and the capital of the company.

These reasons are explained in detail as below:

Efficient Working Capital Management:

One of the key reasons is to efficiently manage working capital needs across our various segments of the business. Our group companies have demonstrated financial stability and strong net worth, making borrowing and trading transactions inherently low risk. Furthermore, we have a uniform and predetermined risk strategy that ensures capital protection. Clear terms and conditions have been meticulously defined for all type of transactions, ensuring that our interest is safeguarded. Further, as part of treasury management and to meet short term requirements, the Company enters into intragroup lending, borrowing and trading transactions as and when required.

Risk Mitigation through diversification:

Spreading our financial resources across group entities is a strategic risk mitigation approach. This practice helps reduce the concentration risk associated with a single business or subsidiary. By diversifying different transactions across multiple subsidiaries, we not only manage risk effectively but also enhance our resilience in the face of economic uncertainties. It allows companies to leverage the resources and capabilities of other group members.

Page 17 of 32

Strategic Opportunity Utilization:

Intra-group transactions provide us with the flexibility to seize strategic opportunities within the group. When such opportunities arise, we can act swiftly, thereby maximizing returns for the group. This approach aligns with our commitment to delivering value to our shareholders.

Enhanced Transparency and Risk Management:

We are committed to upholding the highest standards of transparency and risk management. Clear policies and procedures have been established for lending and borrowing within the group, ensuring that every transaction is conducted with prudence and adherence to our risk mitigation strategies.

Cost and Time Efficiency:

In addition to risk considerations, intra-group transactions also offer cost and time efficiencies.

By borrowing from within the group, we reduce one-time processing costs associated with external loans. Moreover, the streamlined process allows us to capitalize on time sensitive opportunities effectively.

Other Terms

Tenure of the proposed transaction: Financial Year 2025-26
Details of the source of funds: Own Funds
Applicable terms, including covenants, tenure, interest rate and repayment schedule, whether secured or unsecured; if secured, the nature of security:
Unsecured loan, Rate of interest is @ 10-12%, tenure is 1 year and repayment is on demand.
The purpose for which the funds will be utilized by the ultimate beneficiary of such funds pursuant to the RPT:
Business and operational use.
A copy of the valuation or other external party report, if any such report has been relied upon:

Not Applicable

The aforesaid Related Party Transactions do not fall under the purview of Section 188 of the Companies Act, 2013, being in the ordinary course of business and at arms’ length. However, the same are covered under the provisions of Regulation 23 of the SEBI LODR Regulations and accordingly the approval of the Members is sought by way of Ordinary Resolution. As per the provisions of Regulation 23(4) of the Listing Regulations, no related party shall vote to approve such resolutions whether the entity is a related party to the particular transaction or not.

Page 18 of 32

The Audit Committee and Board have considered and approved the aforesaid Related Party Transactions at their meetings held on February 10, 2025 and have recommended to the Members, in terms of Regulation 23 of SEBI LODR Regulations and noted that these transactions shall be in the ordinary course of business and at an arm’s length basis.

As per the provisions of Regulation 23(4) of the Listing Regulations, no related party shall vote to approve such resolutions whether the entity is a related party to the particular transaction or not.

Based on the consideration and approval of Audit Committee, the Board recommends the resolution set out in Item No. 1 of the accompanying Notice to the Members for their consideration and approval, by way of Ordinary Resolution.

Except to the extent of shareholding of the Mr. Abhishek Bansal, Promoters, Chairman & Managing Director, Mrs. Shriyam Bansal and Mrs. Babita Chaturvedi, Promoter Group, Mr. Chintan Mehta, Whole Time Director & CEO and Mr. Nirbhay Vassa, Whole Time Director & CFO and their Relatives and Key Managerial Personnel in the above-mentioned related parties, none of the other Directors/ Key Managerial Personnel/ their Relatives is, in any way, concerned or interested, financially or otherwise in the Ordinary Resolution set out at Item No. 1

Resolution No. 2: To approve disposal of the Whole of the Undertaking viz. Abans Agri Warehousing & Logistics Private Limited by way of voluntary winding up

The Company presently holds 1,00,000 Equity Shares of Rs. 10 each in Abans Agri Warehousing & Logistics Private Limited and is a wholly owned subsidiary of the Company (hereinafter referred to as “WOS”). The board after evaluation of the subsidiary’s performance, considers that the WOS has not achieved the expected growth and it feels that its prudent to voluntarily wind up the WOS by disposing off the non-core investment in the best interest of the Company. Accordingly, the Board, at its meeting held on February 10, 2025, has approved the voluntary winding up of the WOS.

This resultant decision shall optimize resource allocation, reduce financial and administrative overheads, and redirect capital toward more profitable and strategically aligned business opportunities.

As per Section 180(1)(a) of the Companies Act, 2013 and other applicable laws, disposal of the whole or substantially the whole of the undertaking of the Company in case the value of the investment to be sold is 20% or more of the value of undertaking as per the audited balance sheets of the preceding financial year, requires approval of shareholders by way of Special Resolution.

Accordingly, it is proposed to seek approval of the shareholders under Section 180(1)(a) of Companies Act, 2013 to dispose of the WOS by way of voluntary winding up.

The Board recommends the resolution set out in Item No. 2 of the accompanying Notice to the Members for their consideration and approval, by way of Special Resolution.

Except to the extent of shareholding of Mr. Abhishek Bansal, Promoter, Chairman & Managing, None of the Directors and Key Managerial Personnel and their relatives is any way concerned or interested, financially or otherwise, in the resolution.

Page 19 of 32

Resolution No. 3: Approval of Remuneration to Mr. Naresh Tejwani, Non-Executive Director of the Company for not exceeding Rs. 12 Lakhs per annum.

The Board in its previous meeting dated March 20, 2024 had approved a remuneration to be paid to Mr. Naresh Tejwani not exceeding Rs. 50,00,000/- (Rupees Fifty lakhs Only) per annum (exclusive of all perquisites), (which remuneration may either be drawn either from the Company or any of its subsidiaries) subject to members approval.

The Non-Executive Directors of your Company bring with them significant professional expertise and rich experience across corporate strategy, information systems and finance. The Board is of the view that it is necessary to pay commission to the Non-Executive Directors to commensurate with their roles and responsibilities and the Board should have flexibility in determining the amount payable to Non-Executive Director(s) within the overall permissible limits as per the Act.

However, in supersession of resolution passed on April 30, 2024 by the Shareholders and March 20, 2024 by the Board for remuneration pertaining to FY 25-26, Mr. Tejwani’s remuneration is now being revised to Rs. 12,00,000/- per annum from FY 2025-26 which reflects the change in his responsibilities and level of involvement in various activities This revision is made based on the recommendation of the Nomination, Remuneration & Compensation Committee and approved by the Board. Given that Mr. Tejwani will no longer be engaged in certain aspects of work previously undertaken, the revised remuneration has been adjusted accordingly.

This decision aligns with our commitment to fair and appropriate compensation based on roles and contributions.

The above remuneration will be paid to Mr. Naresh Tejwani even if it exceeds one percent of the net profits of the Company in accordance with sections 197 and 198 of the Companies Act, 2013, including any statutory modification(s) or re-enactment(s) thereof. Where in any financial year during the period from 1st April, 2025 upto 31st March, 2026, the Company has no profits or its profits are inadequate, the Company may pay the above remuneration to Mr. Naresh Tejwani, Non-Executive Director of the Company as the minimum remuneration, subject to receipt of the requisite approvals, if any.

Pursuant to the provisions of Regulation 17(6)(ca) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), approval of the Members of the Company by way of a Special Resolution is required to be obtained every year for payment of Annual Remuneration to a single Non-Executive Director exceeding fifty percent of the total annual remuneration payable to all NonExecutive Directors, giving details of remuneration thereof.

As the remuneration payable to Mr. Naresh Tejwani in the Financial Year 2025-26 is likely to exceed fifty percent of the total annual remuneration payable to all Non-Executive Directors of the Company, consent of the Members is sought for passing a Special Resolution as set out at Item No. 3 of the Notice.

The Board recommends the Special Resolution set out in Item No. 3 of the accompanying Notice for approval of the Members.

Page 20 of 32

The disclosures as required under Schedule V of the Companies Act, 2013 are as under:

I.	General information:
	Nature of industry	Abans Financial Services Ltd. (AFSL) is a diversified financial services company that caters to whole gamut of financial businesses such as Institutional Broking, Asset Management, Financial Lending, Treasury operations and Remittance Services.
2.	Date or expected date of commencement of commercial production	The Company is an existing company and is in operation since 2009
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
4.	Financial performance based on given indicators	As per the Unaudited Financial Results for the Nine Months ended 31st December, 2024, Total Income from Operations of INR 2,311.31 Lakhs and profit after tax INR 1,122.19 Lakhs
5.	Foreign investments or collaborations, if any.	The Company has Foreign Portfolio Investors.
II.	Information about Mr. Naresh Tejwani
6.	Background details	Mr. Naresh Tejwani has over four decades of experience out of which over 30 years has been as an entrepreneur & senior management, in areas Capital Market Intermediation, PMS, custodial functions, Investment & financial planning. He is Qualified as a Commerce Graduate and Obtained Law Degree from University of Mumbai with Specialization in Securities Law from Government Law College. Currently, he plays consultative role for Strategies with Abans Group.
	Past remuneration (INR)	Rs. 45 Lakhs p.a.
	Recognition or awards	-
	Job profile and his suitability	Mr. Naresh Tejwani, with his extensive expertise in investment management, corporate governance, and strategic leadership, will continue to serve as a Non-Executive Director, contributing to the company’s growth, compliance, and strategic direction.
	Remunerationproposed	Asmentionedin ItemNo. 3 ofthe Notice.
	Comparative remuneration profile	The remuneration of Mr. Tejwani is

Page 21 of 32

	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)	commensurate with respect to industry, size of the Company, profile of the position.
	Pecuniary relationship directly or indirectly with the company, or relationship with the managerial personnel [or other director], if any.	Mr. Tejwani has no pecuniary relationship directly or indirectly with the Company except he is getting the remuneration as a Director of the Company.

III.	General information:
	Reasons of loss or inadequate profits	NA
	Steps taken or proposed to be taken for improvement	Continuous efforts are being made by management to increase the income substantially.
	Expected increase in productivity and profits in measurable terms	Impetus is being given to increase the efficiency of operations which shall result in better future profitability.

None of the Directors or Key Managerial Personnel (‘KMP’) of the Company or their respective relatives, except Mr. Tejwani himself and his relatives, are concerned or interested, financially or otherwise, in the resolution set out at Item No. 3 of the accompanying Notice.

Registered Office:

36, 37, 38A, 3rd Floor, 227 Nariman Bhavan, Backbay Reclamation, Nariman Point, Mumbai - 400 021

CIN: L74900MH2009PLC231660 Website: www.abansfinserv.com Email: [email protected] Tel: +91 - 022 – 6179 0000

By order of the Board of Directors For Abans Financial Services Limited (Formerly known as Abans Holdings Limited)

Sd/Mr. Abhishek Bansal Chairman and Managing Director

Date: February 10, 2025 Place: Mumbai

Page 22 of 32

ANNEXURE

Information pursuant to Regulation 36(3) as applicable of Securities Exchange Board of India (Listing Obligations and Disclosures) Regulations, 2015 and Secretarial Standard (in pursuance of Schedule V of the Companies Act, 2013)

(Listing Obligations and Disclosures) Regulations, Schedule V of the Companies Act, 2013)	2015 and Secretarial Standard (in pursuance of
Name of Director	Mr. Naresh Tejwani
Category of Director	Non-Executive Director
Director Identification Number (DIN)	00847424
Age	64
Date of first appointment on the Board	13-February-2024
Qualification, Brief resume/Experience (including expertise in specific functional area)	Mr. Naresh Tejwani has over four decades of experience out of which over 30 years has been as an entrepreneur & senior management, in areas Capital Market Intermediation, PMS, Custodial functions, Investment & financial planning. He is qualified as a Commerce Graduate and obtained a degree in Law from University of Mumbai with specialization in Securities Law from Government Law College. Currently, he plays consultative role for Strategies with Abans Group. Mr. Tejwani has expertise, knowledge and business acumen in managing the overall business of the Company and his appointment as a Non-Executive Director would be beneficial for the Company.
Terms and Conditions of appointment/re- appointment	As provided in the explanatory statement and mutually agreed between Company and Mr. Naresh Tejwani.
Remuneration last drawn (including sitting fees, if any)	Rs. 45 Lakhs p.a.
Remuneration proposed to be paid	Refer item No. 3 of the Notice and Explanatory Statement
Shareholding in the Company as on date of Notice (including shareholding as Beneficial Owner)	NIL
Relationship with other Directors/Key Managerial Personnel/Managers	Mr. Tejwani is not related to any of the Directors or Key Managerial Personnel or Promoters and Promoter group of the Company.
Number of Board meetings attended during the year	Seven
Directorship of other Boards as on date of Notice	Two
Listed Entities from which resigned in past three years	None
Membership/Chairmanship of Committees of the other Boards as on date of Notice	None

Page 23 of 32

PROCEDURE FOR E-VOTING:

(i) E-VOTING FACILITY:

(a) Pursuant to Sections 108, 110 and other applicable provisions of the Act and the Rules made thereunder, the MCA Circulars and Regulation 44 of the Listing Regulations read with circular of SEBI on e-voting facility provided by Listed Entities, dated December 9, 2020, Secretarial Standard on General Meetings SS-2 issued by the Institute of Company Secretaries of India and any amendments thereto, the Company is providing e-voting facility of NSDL to its Members to exercise their right to vote on the proposed resolutions by electronic means.
(b) The e-voting facility will be available during the following voting period:

Commencement of e-voting	9:00 a.m. (IST) on Friday, February 28, 2025
End of e-voting	5.00 p.m (IST) on Saturday, March 29, 2025

The remote e-voting will not be allowed beyond the aforesaid date 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 in 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, February 21, 2025 .
(d) Members holding shares either in physical form or dematerialized form, as on the Cut-off Date i.e. Friday, February 21, 2025 , (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: How do I vote electronically - using NSDL e Voting system?

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

- Step 1: Access to NSDL e Voting system

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

Page 24 of 32

- Step 1: Access to NSDL e Voting system

A. Login method for e-Voting and joining virtual meetings for Individual shareholders holding securities in demat mode

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 advised to update their mobile number and email Id in their demat accounts in order to access e- Voting facility.

Type of shareholders	Login Method
Individual Shareholders holding securities in demat mode with NSDL.	Existing IDeAS user 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 or e-Voting service provider i.e. NSDL and you will be re-directed to e-Voting website of NSDL for casting your vote during the remote e-Voting period or joining virtual meeting & voting during the meeting. 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 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 be opened. 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 orjoiningvirtual meeting& votingduringthe

Type of shareholders

Login Method

Individual Shareholders
holding
securities
in
demat
mode
with
NSDL.

Existing IDeAS user 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 or e-Voting service provider i.e.
NSDL and you will be re-directed to e-Voting website of
NSDL for casting your vote during the remote e-Voting period
or joining virtual meeting & voting during the meeting.
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
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 be opened. 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 orjoiningvirtual meeting& votingduringthe

Page 25 of 32

meeting.

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

==> picture [201 x 116] intentionally omitted <==

	meeting. Shareholders/Members can also download NSDL Mobile App “NSDL Speede” facility by scanning the QR code mentioned below for seamless voting experience.
Individual Shareholders holding securities in demat mode with CDSL	Users who have opted for CDSL Easi / Easiest facility, can login through their existing user id and password. The option will be made available to reach the e-Voting page without any further authentication. The users to login Easi /Easiest are requested to visit CDSL website www.cdslindia.com and click on login icon & New System Myeasi Tab and then user your existing my easi username & password. 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 or joining virtual meeting & voting during the meeting. 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. If the user is not registered for Easi/Easiest, option to register is available at CDSL websitewww.cdslindia.comand click on login & New System Myeasi Tab and then click on registration option. Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN No. from a e- Voting link available onwww.cdslindia.comhome 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.

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

Individual Shareholders
holding
securities
in
demat mode with CDSL

Users who have opted for CDSL Easi / Easiest facility, can
login through their existing user id and password. The option
will be made available to reach the e-Voting page without any
further authentication. The users to login Easi /Easiest are
requested to visit CDSL website www.cdslindia.com and click
on login icon & New System Myeasi Tab and then user your
existing my easi username & password.
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 or joining virtual
meeting & voting during the meeting. 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.
If the user is not registered for Easi/Easiest, option to register is
available at CDSL websitewww.cdslindia.comand click on
login & New System Myeasi Tab and then click on registration
option.
Alternatively, the user can directly access e-Voting page by
providing Demat Account Number and PAN No. from a e-
Voting link available onwww.cdslindia.comhome 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.

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Individual Shareholders
(holding securities in
demat
mode)
login
through their depository
participants

You can also login using the login credentials of your demat
account through your Depository Participant registered with
NSDL/CDSL for e-Voting facility. Upon logging in, you will
be able to see e-Voting option. Click on e-Voting option, you
will be redirected to NSDL/CDSL Depository site after
successful authentication, wherein you can see e-Voting
feature. 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
or joining virtual meeting & voting during the meeting.

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 [email protected] call at 022 - 4886 7000 and 022 - 2499 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 [email protected] contact at toll free no. 1800 22 55 33

B. Login Method for e-Voting and joining virtual meetings 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?

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, your Password/OTP and a Verification Code as shown on the screen.
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.

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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

Password details for shareholders other than Individual shareholders are given below:
(a) If you are already registered for e-Voting, then you can user your existing password to login and cast your vote.
(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.
(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

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If you are unable to retrieve or have not received the “ Initial password” or have forgotten your password:
(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.
(b) Physical User Reset Password ?” (If you are holding shares in physical mode) option available on www.evoting.nsdl.com.
(c) If you are still unable to get the password by aforesaid two options, you can send a request at [email protected] mentioning your demat account number/folio number, your PAN, your name and your registered address etc.
(d) Members can also use the OTP (One Time Password) based login for casting the votes on the e- Voting system of NSDL.
After entering your password, tick on Agree to “Terms and Conditions” by selecting on the check box.
Now, you will have to click on “Login” button.
After you click on the “Login” button, Home page of e-Voting will open.

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

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.
Select “EVEN” of company for which you wish to cast your vote during the remote e-Voting period.
Now you are ready for e-Voting as the Voting page opens.
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.
Upon confirmation, the message “Vote cast successfully” will be displayed.
You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.
Once you confirm your vote on the resolution, you will not be allowed to modify your vote.

General Guidelines for shareholders:

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 [email protected] with a copy marked to [email protected]. 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.

Page 29 of 32

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.
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 and 022 - 2499 7000 or send a request to Mr Sagar Gudhate at [email protected].

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 :

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 AADHAR (self-attested scanned copy of Aadhar Card) by email to [email protected]
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 (self-attested scanned copy of PAN card), AADHAR (self-attested scanned copy of Aadhar Card) to [email protected]. 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.
Alternatively shareholder/members may send a request to [email protected] for procuring user id and password for e-voting by providing above mentioned documents.
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.

Step 2: Cast your vote electronically and join the General Meeting on NSDL e-Voting system.

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.
Select “EVEN” of company for which you wish to cast your vote during the remote e-Voting period.
Now you are ready for e-Voting as the Voting page opens.
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.

Page 30 of 32

Upon confirmation, the message “Vote cast successfully” will be displayed.
You can also take the printout of the votes cast by you by clicking on the print option on the confirmation page.
Once you confirm your vote on the resolution, you will not be allowed to modify your vote

General Guidelines for shareholders

A member cannot exercise his/her vote through proxy on postal ballot. 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 [email protected] with a copy marked to [email protected] 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.
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.
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.: 022 - 4886 7000 and 022 - 2499 7000 or send a request to Ms Prajakta Pawale at [email protected]

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:

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), AADHAR (self-attested scanned copy of Aadhar Card) by email to [email protected].
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 (self-attested scanned copy of PAN card), AADHAR (self-attested scanned copy of Aadhar Card) to [email protected]. If you are an Individual shareholder 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 and joining virtual meetings for Individual shareholders holding securities in demat mode.
Alternatively, shareholder/members may send a request to [email protected] for procuring user id and password for e-voting by providing above mentioned documents.
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

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required to update their mobile number and email ID correctly in their demat account to access e- Voting facility.

INFORMATION AT A GLANCE:

Particulars	Notes
Cut-off Date to determine those members who are eligible to vote on the resolution	Friday, February 21, 2025
Voting start time and date	9.00 a.m. (IST) on Friday, February 28, 2025
Voting end time and date	5.00 p.m (IST) on Saturday, March 29, 2025
Date on which the resolution is deemed to be passed	Last date of voting i.e Saturday, March 29, 2025
Name, address and contact details of Registrarand 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
	Email id:[email protected]
	Contact Number: 022 23018261/23010771
Name, address and contact details of e- voting service provider	Contact Person: Mr Sagar Gudhate
	Officer
	National Securities Depository Limited
	4th Floor, A Wing, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai–400 013
	Contact details: [email protected];
	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. Sheela Gupta
	Company Secretary and Compliance Officer
	36, 37, 38A, Floor 3, Nariman Bhavan, Backbay Reclamation, Nariman Point, Mumbai–400 021
	Contact Number: 022 6179 0000
	Email:[email protected]

******End*******

Page 32 of 32

AI assistant

ABANS FINANCIAL SERVICES LIMITED — Proxy Solicitation & Information Statement 2025

59056_rns_2025-02-27_ba088003-caf9-43d7-8421-9c66ea1c7a1b.pdf

February 27, 2025

Sub: Postal Ballot Notice - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Abans Financial Services Limited

For Abans Financial Services Limited

(Formerly known as Abans Holdings Limited)

Abans Financial Services Limited

(Formerly known as Abans Holdings Limited)

NOTICE OF POSTAL BALLOT

To the Members of the Company,

SPECIAL BUSINESSES

1. TO APPROVE MATERIAL RELATED PARTY TRANSACTIONS PROPOSED TO BE ENTERED INTO BY THE COMPANY AND ITS SUBSIDIARIES

2. TO APPROVE DISPOSAL OF THE WHOLE OF THE UNDERTAKING VIZ. ABANS AGRI WAREHOUSING & LOGISTICS PRIVATE LIMITED BY WAY OF VOLUNTARY WINDING UP

3. TO APPROVE AND SET UPPER LIMIT IN REMUNERATION TO MR. NARESH TEJWANI (DIN: 00847424), NON-EXECUTIVE DIRECTOR OF THE COMPANY FOR AMOUNT NOT EXCEEDING RS. 12 LAKHS PER ANNUM

Registered Office:

8. The e-voting period commences at 9:00 a.m. (IST) on Friday, February 28, 2025, and ends at 5:00 p.m. (IST) on Saturday, March 29, 2025.

Resolution No. 1: To approve Material Related Party Transactions proposed to be entered into by the Company and its Subsidiaries

Material Terms with Rationale

A. Justification as to why the proposed transactions is in the interest of the listed entity:

Efficient Working Capital Management:

Risk Mitigation through diversification:

Strategic Opportunity Utilization:

Enhanced Transparency and Risk Management:

Cost and Time Efficiency:

Other Terms

Not Applicable

Resolution No. 2: To approve disposal of the Whole of the Undertaking viz. Abans Agri Warehousing & Logistics Private Limited by way of voluntary winding up

Resolution No. 3: Approval of Remuneration to Mr. Naresh Tejwani, Non-Executive Director of the Company for not exceeding Rs. 12 Lakhs per annum.

Registered Office:

ANNEXURE

PROCEDURE FOR E-VOTING:

(i) E-VOTING FACILITY:

(ii) THE INSTRUCTIONS FOR E-VOTING ARE AS FOLLOWS: How do I vote electronically - using NSDL e Voting system?

- Step 1: Access to NSDL e Voting system

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

- Step 1: Access to NSDL e Voting system

A. Login method for e-Voting and joining virtual meetings for Individual shareholders holding securities in demat mode

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

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

General Guidelines for shareholders:

Step 2: Cast your vote electronically and join the General Meeting on NSDL e-Voting system.

General Guidelines for shareholders

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:

INFORMATION AT A GLANCE:

More from ABANS FINANCIAL SERVICES LIMITED

ABANS FINANCIAL SERVICES LIMITED Proxy Solicitation & Information Statement 2025