ABANS ENTERPRISES : TO LIQUIDATE WHOLLY OWNED SUBSIDIARY ABANS GEMS & JEWELS TRADING FZC

• Board approved voluntary liquidation of Abans Gems & Jewels Trading FZC, a wholly owned material subsidiary • AGJT contributed turnover of ₹122.76 Cr in FY ended March 31, 2026, 0.89% of consolidated turnover • Net worth of AGJT was ₹49.25 Cr as on March 31, 2026, 22.76% of consolidated net worth • Liquidation expected to be completed within one year, subject to requisite approvals and statutory formalities • Proceeds, if any, will be received by the Company after completion of the winding-up process

Abans Enterprises Ltd

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