Revised Annual Report of Abans Enterprises Limited for the Financial Year 2025-26

September 08, 2026 To, To, BSE Limited Metropolitan Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, 205(A), 2nd Floor, Piramal Agastya Corporate Park, 25th Floor, Dalal Street, Kamani Junction, LBS Road, Kurla (West), Fort, Mumbai – 400 001 Mumbai – 400 070 Scrip Code: 512165 Symbol: ABANS Subject: Rectification of Typographical errors in the Annual Report for the Financial Year 2025-26 Ref: Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) - Annual Report for the Financial Year 2025-26 Dear Sir/ Madam, With reference to our intimation dated August 18, 2026, the Company had submitted Annual Report along with Notice for the 40th Annual General Meeting for the Financial Year 2025-26 to the Stock Exchanges. Subsequent to the said submission, inadvertent non-material typographical errors were identified in the Annual Report. Pursuant to Regulation 34 of the SEBI LODR Regulations, we hereby submit the revised Annual Report for the financial year 2025-26, incorporating rectification of the aforesaid error. The aforesaid omissions and disclosure corrections do not impact the financial statements, the Auditors' Report, the financial position or performance of the Company, the Notice of the 40th Annual General Meeting, the resolutions proposed therein or the voting rights of the Members. The revised Report incorporating the above corrections, will also be made available on the website of the Company at https://www.abansenterprises.com/. Request you to kindly take the above information on record. Thanking You, Yours faithfully, For Abans Enterprises Limited Sahil Gurav Company Secretary and Compliance Officer Membership No.: ACS 65385 Encl: as above Abans Enterprises Limited Regd. Office: 13A/B/C, 1st Floor, Mittal Chambers, Barrister Rajni Patel Marg, Nariman Point, Mumbai 400021 CIN: L74120MH1985PLC035243 ☎ 022 61790000 📠 022 61790010 ✉ compliance@abansenterprises.com 🌍 www.abansenterprises.com Abans Enterprises Limited Abans Enterprises Limited Abans Enterprises Limited 40th Annual Report 40th Annual Report 40th Annual Report 2025 - 26 2025 - 26 2025 - 26 Contents Corporate Overview 03 Strategic Leadership 06 CEO’s Communication 08 Corporate Information Statutory Reports 09 Board’s Report 36 Management Discussion & Analysis Report 46 Corporate Governance Report Financial Statements 81 Consolidated Financial Statements 155 Standalone Financial Statements 213 Notice of 40th Annual General Meeting 2 Annual Report 2025-26 Corporate Statutory Financial Overview Reports Statements Our Leadership: Board of Directors and Management Team Mr. Jinesh Savla is a Chemical Engineering 2024, he joined the Abans Group and set up graduate from UDCT, Mumbai. Mr. Savla the value investing research desk for equities brings over 17 years of experience across and commodities under the promoter’s manufacturing, entrepreneurship, and financial guidance. With his proven track record of markets. building businesses, global exposure, and strategic vision, Mr. Savla is well-positioned to He has led large-scale growth in the automotive lead Abans Enterprises Limited into its next sector, founded and exited a successful mould phase of growth. manufacturing business, and built a digital Mr. Jinesh Savla commerce brand across leading platforms. In Whole Time Director & Chief Executive Officer Mr. Ankit Joshi holds a Master of Business was responsible for strategic financial planning, Administration (Finance) from the University hedging strategies, financial reporting, of Pune and a Bachelor of Commerce degree budgeting, and ensuring compliance with Ind from the University of Mumbai. He is currently AS/IFRS and other regulatory requirements. pursuing the Association of Chartered Certified He also contributes to strengthening internal Accountants (ACCA) certification. He has over controls and improving operational efficiencies. eight years of professional experience in capital Prior to this, he worked with Protiviti India markets, with core expertise in equity, currency, Private Limited as a Consultant, where he was and commodity derivatives, along with strong involved in internal audits, risk assessment, Mr. Ankit Joshi knowledge of physical commodities and and process improvements for leading regulatory compliances including SEBI and RBI. organisations, and earlier gained experience Whole Time Director & Chief Financial Officer Mr. Joshi is presently associated with Abans in accounting and financial operations with Pioneer Trading Corporation. Group where he was leading broking entities and Mr. Deepak Zope is a highly skilled professional in the development and implementation of with a strong academic background, holding a new strategies, contributing significantly to the Commerce degree and an MBA in Finance. With growth and success of the organisation. an extensive 14-year career in financial services, Additionally, he has collaborated with the Board he has been a valuable asset to the Abans and senior management team to create and Group for over 10 years. implement strategic plans, ensuring alignment Mr. Zope possesses a profound understanding of corporate objectives with long-term growth of the banking and financial service sector, and profitability. He has also been a member of showcasing his expertise in the field. Currently the Board of Abans Jewels Limited, a subsidiary MMrr.. DDeeeeppaakk ZZooppee entrusted with the responsibility of overseeing of the Company, since 2017. WWhhoollee TTiimmee DDiirreeccttoorr day-to-day operations, he plays a pivotal role Annual Report 2025-26 3 Mr. Paras Savla joined our Company’s Board an Insolvency Resolution Professional (IBBI), on December 27, 2023. With a remarkable a Business & Finance Professional (ICAEW), a career spanning over two decades, Mr. Paras holder of the Diploma in Information System Savla brings extensive expertise to his role. Audit (ISA-ICAI), and a Certified Fraud Examiner He has been a trusted advisor to numerous (Association of Certified Fraud Examiners, USA). corporate and non-corporate entities on a He served as the president of The Chamber wide range of financial matters. Mr. Savla of Tax Consultants (established in 1926) in specialises in domestic and international 2014-15 and that of the CVO Chartered & Cost taxation, investment strategies for India Accountants’ Association in 2013-14. Presently, Mr. Paras Savla and overseas, transaction structuring, he holds the position as a member of Governing valuation, due diligence, mergers, demergers, Council of the Indo-Belgian Luxembourg Independent Director acquisitions, insolvency resolution and direct Chamber of Commerce and Industry and a tax litigations. Prior to his current position, Member of the Journal Committee & IT Connect he honed his skills as part of a prominent Big Committee of the Chamber of Tax Consultants. 4 Accounting Firm, focussing on Transaction He is also on the Boards of Forbes & Company Advisory Services. He is a Fellow member Limited, Forbes Campbell Finance Limited, of the Institute of Chartered Accountants Indo-Belgian Luxembourg Chamber of of India (ICAI) and an Associate member of Commerce and Industry, Perch Strategic the Institute of Chartered Accountants in Advisors Private Limited, Om Freight Forwarders England & Wales (ICAEW). His impressive Limited, Perch Foundation and Randip Singh qualifications include being a Registered Pathania Memorial Foundation Valuer for Securities & Financial Assets (IBBI), Dr. Anita Shantaram is the Founder of Dubai and Jordan for organisations including EthicsIndia and among the few practitioners in the Tata Group, L&T and IDBI, and serves as India engaged in pioneering work in the field visiting faculty at NMIMS School of Business of ethics. She holds a PhD from BITS Pilani, Management, SJMSOM (IIT Bombay), IIM Rohtak with a thesis on the interlinkage between and the Goa Institute of Manage [Showing first 8,000 characters — download PDF for full document]