Abans Financial Services Reports on Security Incident, Citing Non-Material Status and Voluntary Disclosure

Abans Financial Services Reports on Security Incident, Citing Non-Material Status and Voluntary Disclosure​

Abans Financial Services Ltd has provided clarification regarding a recent security incident involving a probable ransomware attack, confirming that the event did not constitute a material disclosure requirement under SEBI LODR Regulations. The company confirmed its status to stakeholders after reviewing the incident.

The incident was identified as a probable ransomware attack. While the company stated the matter required no mandatory disclosure according to regulatory guidelines, Abans Financial Services chose to disclose the information voluntarily. This action was taken strictly as a commitment to good corporate governance and transparency for all stakeholders.

Abans Financial Services Ltd, previously known as Abans Holdings Limited, confirmed that despite the security incident, the situation did not meet the threshold of a material event requiring mandated disclosure. The voluntary communication underscores the company's focus on maintaining transparency in its operations toward the market.

AFSL Stock Price Movement​

Abans Financial Services Limited shares slipped today, closing at ₹201 after shedding ₹0.15 or 0.07% from the previous close. The stock traded a total of 2,746 shares during the session in the post-market period.