Abans Financial Services Limited notes cessation and resignation of directors following Board meeting

Abans Financial Services Limited notes cessation and resignation of directors following Board meeting

Abans Financial Services Limited notes cessation and resignation of directors following Board meeting​

Abans Financial Services Limited announced changes in its board membership consequent to a Board meeting held on August 10, 2026. The company noted the cessation of one Independent Director and reported the resignation of another NonExecutive Non-Independent Director.

The Board of Directors addressed the key personnel changes during the meeting. One notable action was noting the cessation of Mr. Hariharan Devnarayan Iyer as an Independent Director, effective August 06, 2026, following the expiry of his first term of office with the company.

Additionally, the Board acknowledged the resignation of Mr. Naresh Madhu Tejwani from the position of NonExecutive Non-Independent Director. The resignation, dated August 06, 2026, was effective from the close of business hours on that day. Mr. Tejwani confirmed that there were no material reasons for his departure other than those detailed in his resignation letter.

AFSL Stock Price Movement​

Today, shares of Abans Financial Services Limited edged higher after the market close, settling at ₹201.24 and registering a marginal gain of 0.03%. The stock traded within a tight session, with the day's low recorded at ₹201.01 and climbing to an intraday high of ₹204.89.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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