Abans Financial Services Limited — Others, 25-08-2025: Shareholders meeting
25-08-2025 | 07:43 pm
25-08-2025 | 07:43 pm
Abans Financial Services is conducting a postal ballot to secure shareholder consent for significant related party transactions. These encompass mutual sales of goods between Abans Global and Abans Middle East, each valued at Rs. 20,000 Crore, designed to boost efficiency and reduce procurement costs. Additionally, a Rs. 2,000 Crore amalgamation scheme will see Abans Broking Services merge with four sister companies via share issuance, streamlining the group structure and consolidating operations. Shareholders can cast votes electronically from August 28 to September 26.
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