Abans Financial Services Limited — Board Meeting, 15-04-2025: Outcome of Board Meeting

Abans Financial Services Limited has announced a board meeting to address several key matters. Key decisions include an investment in its subsidiary, Abans Capital Private Limited, through a rights issue, and the initiation of regulatory processes for approvals regarding operational changes. The board approved amendments to the Memorandum and Articles of Association, which include provisions to clarify the company's business activities and allow flexibility in corporate governance by permitting one individual to serve as both Chairperson and Managing Director. Additionally, a postal ballot will be conducted to seek shareholder approval for these resolutions.