Abans Financial Services Limited — Board Meeting, 10-02-2025: Outcome of Board Meeting
10-02-2025 | 07:59 pm
10-02-2025 | 07:59 pm
The Board of Directors of Abans Financial Services Limited has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Key highlights include a revenue of ₹2,094.63 Cr from operations for the quarter, resulting in a profit after tax of ₹1,407.07 Cr. The board has also approved the voluntary winding up of its wholly-owned subsidiary, Abans Agri Warehousing & Logistics Private Limited, subject to necessary approvals. Additionally, they will seek shareholder approval for related party transactions and a revision in the remuneration of a Non-Executive Director.
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