Abans Enterprises Ltd — Updates, 25-07-2025: Company Update

Abans Enterprises has announced a significant management change: Mr. Kayomarz Marzban Sadri has resigned as the Chief Executive Officer and Whole Time Director. This departure is due to personal reasons. His resignation, tendered recently, will become effective three months from the date of his letter, or potentially earlier, subject to the Board's decision. The company's Board and Nomination, Remuneration & Compensation Committee will address this leadership transition by formally discussing the resignation and appointing a new successor promptly. This is a key update for shareholders, impacting the company's executive leadership.