Acquisition

October 07, 2026 To, To, BSE Limited (“BSE”) National Stock Exchange of India Limited (“NSE”) Phiroze Jeejeebhoy Towers The Listing Department, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai – 400051 BSE Scrip Code: 543712 NSE Symbol: AFSL Sub: Acquisition of Equity Shares of Abans Finance Private Limited, subsidiary of the Company Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI LODR Regulations and the approval accorded by the Executive Committee of the Board of Directors of the Company at its meeting held on October 07, 2026, we wish to inform you that Abans Financial Services Limited (“the Company”) has entered into a Share Purchase Agreement (“SPA”) with Siddhant Commercials Private Limited (“Seller”) for the acquisition of 20,70,926 equity shares representing 6.01% of the paid-up equity share capital of Abans Finance Private Limited (“AFPL”), a subsidiary of the Company. We enclose herewith the details required under Regulation 30 of SEBI LODR Regulations read with Para A of Part A of the Schedule III of the aforesaid Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in Annexure-A to this letter. This is also being uploaded on the Company’s website at www.abansfinserv.com Kindly take the same on your record. For Abans Financial Services Limited (Formerly known as Abans Holdings Limited) Bhargavi Halapeti Company Secretary & Compliance Officer Membership No.: A23955 Abans Financial Services Limited (Formerly known as Abans Holdings Limited) Regd. Office: 13A/B/C, 1st Floor, Mittal Chambers, Barrister Rajni Patel Marg, Nariman Point, Mumbai – 400021 CIN: L74900MH2009PLC231660 ☎: +91 22 61790000 📠: 022 61790010 ✉: compliance@abansfinserv.com 🌐: www.abansfinserv.com Annexure-A Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III and other applicable provisions of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026: Sr. No. Particulars Remarks 1. Name of the Target Entity Abans Finance Private Limited 2. Size and Turnover of the Entity As on March 31, 2026 (Audited): Paid up Share Capital: Rs. 34,47,27,290/- Turnover: Rs. 77,84,03,249/- 3. Whether the acquisition would fall within Siddhant Commercials Private Limited is not related party transaction(s) and whether a related party. the promoter/ promoter group/ group companies have any interest in the entity Abans Financial Services Limited (“the being acquired? If yes, nature of interest Company”), is a Holding Company of Abans and details thereof and whether the same Finance Private Limited, holding 93.97% in is done at “arm’s length” AFPL before acquisition of the said 6.01% of equity shares. The transaction is carried out pursuant to a Valuation Report from MSKA & Associates LLP (Formerly known as MS KA & Associates), Chartered Accountants (ICAI Firm Reg. No. – 105047W/W101187) The transaction has been carried out as per Valuation Report. Post acquisition the Company will hold 99.98% of AFPL. 4. Industry to which the entity being Financial Services: Non-Banking Financial acquired belongs Company 5. Objects and impact of acquisition AFPL continues to be a subsidiary of the (including but not limited to, disclosure of Company. reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) 6. Brief details of any governmental or No governmental or regulatory approval is regulatory approvals required for the required for this acquisition acquisition 7. Indicative time period for completion of October 07, 2026 the acquisition 8. Consideration - whether cash Cash consideration or share swap or any other form and details of the same 9. Cost of acquisition and/or the price at 20,70,926 equity shares at a price of Rs.111/- which the shares are acquired per share 10. Percentage of shareholding / control 6.01% acquired and / or number of shares 20,70,926 equity shares acquired Abans Financial Services Limited (Formerly known as Abans Holdings Limited) Regd. Office: 13A/B/C, 1st Floor, Mittal Chambers, Barrister Rajni Patel Marg, Nariman Point, Mumbai – 400021 CIN: L74900MH2009PLC231660 ☎: +91 22 61790000 📠: 022 61790010 ✉: compliance@abansfinserv.com 🌐: www.abansfinserv.com Sr. No. Particulars Remarks 11. Brief background about the entity Brief background about the entity acquired acquired in terms of products/ line of in terms of products/ line of business business acquired, date of incorporation, acquired: Financial Services - Non-Banking history of last 3 years turnover, country in Financial Company which the acquired entity has presence and any other significant information (in Date of incorporation: 11/01/1995 brief) History of last 3 years’ turnover: March 31, 2024: Rs. 1,31,38,52,744/- March 31, 2025: Rs. 77,02,13,128/- March 31, 2026: Rs. 77,84,03,249/- Abans Financial Services Limited (Formerly known as Abans Holdings Limited) Regd. Office: 13A/B/C, 1st Floor, Mittal Chambers, Barrister Rajni Patel Marg, Nariman Point, Mumbai – 400021 CIN: L74900MH2009PLC231660 ☎: +91 22 61790000 📠: 022 61790010 ✉: compliance@abansfinserv.com 🌐: www.abansfinserv.com