Abans Enterprises Ltd — Important, 13-08-2026: Company Update

Abans Enterprises' material subsidiary, Abans Gems and Jewels Trading FZC (AGJT), has announced a change in its Statutory Auditors. The previous auditors, M/s. Abdulaziz Panis and Shah Associates, resigned citing pre-occupation. To maintain financial oversight and compliance, the company's board has appointed M/s. Al Jeroudy Accounting & Auditing L.L.C as the new Statutory Auditors for AGJT for the financial year ending March 31, 2027. This ensures the subsidiary's financial reporting continues without interruption, upholding governance standards crucial for investors.