Abans Enterprises Ltd — Important, 16-04-2026: Company Update

Abans Enterprises has confirmed the official withdrawal of its scheme to amalgamate Abans Jewels Limited, its wholly-owned subsidiary. The company had previously approved withdrawing this merger plan. The National Company Law Tribunal (NCLT) has now formally disposed of the application related to the amalgamation scheme as withdrawn. This update clarifies that the proposed merger between Abans Enterprises and its subsidiary Abans Jewels will not move forward, maintaining their current separate corporate structures.