1. Including equity share held by nominee shareholder.

2. During the previous financial year, Abans Investment Managers Limited issued 149 bonus equity shares for every one share held. As a result, the total number of equity shares increased to 14,70,000 by the end of the year.

3. On April 07, 2025 Abans Capital Private Limited announced rights issue to the existing shareholders - 1 additional equity shares for every 28 shares held - to be exercised by April 22, 2025.

On May 6, 2025 Abans Financial Services Limited subscribed to the Rights Issue and has acquired additional 327 equity shares at Rs. 12,90,000 per share aggregating to Rs. 4,218.30 Lakhs. (FV= Rs. 10 per share) based on independent valuation report dated March 12, 2025.

Terms / Rights attached to equity shares

The company has only single class of equity shares. Each shareholder is eligible for one vote per share. one class of equity share have been issued having a par value of Rs.2/- each.

The company declares and pays dividend in Indian Rupee. The dividend proposed if any, by the board of Directors is subject to the approval of the share holders at the ensuing Annual General meeting except in case of interim dividend.

In the event of liquidation of the company, the holder of equity shares will be entitled to receive any of remaining assets of the company after distribution of preferential amount. The distribution will be in proportion to the number of equity shares held by the equity share holders.

i) During the period of last five years immediately proceeding the reporting date, the company has not alloted any shares as fully paid Pursuant to any contract without payment being received in cash.

Sub-division of equity shares from face value of K 10/- each to R K s 2/- each.

Pursuant to EGM held on April 25, 2020, the Company had split the Equity Shares of face value ^ 10 each to Equity Shares of face value ^ 2 each. Accordingly, after giving effect of sub division of equity shares the total outstanding no of equity shares is 1,54,48,650 of face value ^ 2 each.

Equity shares issued as bonus

On April 30, 2020 the Company allotted 3,08,97,300 equity shares of face value ^ 2 each as fully paid up bonus shares by capitalisation of profits transferred from securities premium amounting to ^ 6.18 crores. Bonus shares are issued pursuant to Board resolution dated April 30, 2020.

ii) During the period of last five years immediately preceeding the reporting date the company has not bought back any equity shares.

(b) Nature and purpose of reserves

1. Securities premium is used to record the premium received on issue of equity shares. It can be utilised only for limited purposes in accordance with the provisions of the companies act, 2013.

2. The share based payment reserve is used to recognise the grant date fair value of options issued to employees under employee stock option plan.

3. Retained earnings represents the surplus/ (deficit) in profit and Loss account and appropriations. It is available for distribution to shareholders.

4. Share application money received from employees pursuant to the exercise of Employee Stock Option Plans (ESOPs).

5. Exchange differences on translating the financial statements of foreign operation consist of and gain / loss arising on conversion of functional currency to reporting currency of net assets of IFSC branch.

6. Other comprehensive income consist of remeasurement gains / losses on defined benefits plans.

Note 30 : Contingent liabilities and commitments:

As on 31st March, 2026 the Company has evaluated its operations and has determined that there are no contingent liabilities requiring recognition in accordance with IND AS 37, “"Provisions, Contingent Liabilities and Contingent Assets””. A contingent liability is defined as a possible obligation that arises from past events and whose existence will be confirmed by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the Company.

The absence of contingent liabilities indicates that, based on available information, there are no pending legal claims, disputes, guarantees provided to third parties, or other circumstances that could give rise to contingent liabilities that meet the recognition criteria set forth in IND AS 37, unless otherwise stated.

C. Defined Contribution Plans

The Company also has certain defined contribution plans. Contributions payable by the Company to the concerned Government authorities in respect of Provident Fund is charged to Statement of Profit and Loss. The obligation of the Company is limited to the amount contributed and it has no contractual or any constructive obligation. The total amount recognized as contribution in statement of Profit & Loss is Rs.2.76 lakhs and Rs.2.32 Lakhs for the year ended March 31, 2026 and March 31, 2025 respectively.

Note 32 (b) : New Labour Code

On November 21,2025, the Government of India notified four Labour Codes—the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020—thereby consolidating 29 existing labour laws. The Ministry of Labour & Employment subsequently issued draft Central Rules and FAQs to facilitate assessment of the financial implications arising from these regulatory changes.

In response, the Company has proposed the revision in the compensation structure of its employees with effect from April 1, 2026, and has obtained an actuarial report based on proposed compensation structure to evaluate the impact of these changes, in line with the Labour Codes, draft rules, FAQs, and relevant legal opinion. The Company continues to monitor the finalisation of Central and State Rules, as well as further clarifications from the Government on other aspects of the Labour Codes, and will account for any resulting impacts as and when necessary.

Accordingly, based on actuarial report the Company has recognised an amount of Rs. 2.29 lakhs as Past service cost in the statement of Profit & Loss account under the head Employee cost.

Note 33 : Share based payments

Employee Stock Option Plan - ESOP-2023 & ESOP-2024

The Group has instituted Employee Stock Option Plans with the objective of attracting, rewarding, and retaining key employees by enabling them to participate in the ownership and growth of the Company. Equity options have been granted to eligible employees of the Holding Company and its subsidiary companies, including Directors (whether whole-time or otherwise), but excluding Independent Directors and Promoters of the Holding Company, under the following plans:

1. ESOP - 2023:

During the previous financial year, the Company granted a total of 50,700 options under the ESOP-2023 scheme (Previous year : 14,98,100 options). These options entitle the holders to an equivalent number of equity shares of the Company upon vesting and exercise. The issuance was duly approved by the Board of Directors and the shareholders of the Company. The vesting period for the options is in tranches between one to three years from the date of grant. The Maximum exercise period is five years from the date of vesting of the option. The options are non-transferable and can not be pledged, hypothecated etc. in any manner.

2. ESOP - 2024:

During the previous financial year, the Company also granted 2,17,199 options under the newly introduced ESOP-2024 scheme. These options likewise entitle the holders to an equivalent number of equity shares of the Company upon vesting and exercise. The grant of these options was duly approved by the Board of Directors and the shareholders of the Company. The vesting period for the options is one year from the date of grant. The Maximum exercise period is five years from the date

Note 35 Transfer Pricing

The Company’s management is of the opinion that its international transactions with related parties are at arm’s length and that the Company is in compliance with the local transfer pricing legislation. Based on this, the Company’s management believes that the local tranfer pricing legislation will not have an impact on the financial statements, particularly on the amount of tax expenses and that of the provision for tax.

B. Fair value Measurement

AH assets and liabilities for which the fair value is measured or disclosed in the financial statements are categorised within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole:

Level 1 - Inputs are quoted (unadjusted) market prices in active markets for identical assets or liabilities that the entity can access at the measurement date.

Level 2 - Valuation techniques for which the lowest level input that is significant to the fair value measurement are (other than quoted prices) included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3 - Valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable. There are no transfers during the year in level 1,2 and 3. The Company policy is to recognize transfers into and transfers out of fair value hierarchy level as at the end of reporting period.

C. Financial risk management Risk management framework

The Company’s board of directors has overall responsibility for the establishment and oversight of the Company’s risk management framework. The Company’s risk management policies are established to identify and analyze the risks faced by the Company, to set appropriate risk limits and controls and to monitor risks and adherence to limits. Risk management policies and systems are reviewed regularly to reflect changes in market conditions and the Company’s activities. The Company, through its training and management standards and procedures, aims to maintain a disciplined and constructive control environment in which all employees understand their roles and obligations.

The Company has exposure to the following risks arising from financial instruments:

1. Credit risk

2. Liquidity risk and

3. Market risk

1. Credit risk

Credit risk is the risk that a customer or counterparty to a financial instrument will fail to perform or pay amounts due to the Company causing financial loss. It arises from cash and cash equivalents, deposits with banks and financial institutions, security deposits, loans given and principally from credit exposures to customers relating to outstanding receivables. The Company’s maximum exposure to credit risk is limited to the carrying amount of financial assets recognized at reporting date. The Company continuously monitors defaults of customers and other counterparties, identified either individually or by the Company, and incorporates this information into its credit risk controls. Where available at reasonable cost, external credit ratings and/or reports on customers and other counterparties are obtained and used. The Company’s policy is to deal only with creditworthy counterparties.

In respect of trade and other receivables, the Company is not exposed to any significant credit risk exposure to any single counterparty or any company of counterparties having similar characteristics. Trade receivables consist of a large number of customers in various geographical areas. The Company has no history of customer default, and considers the credit quality of trade receivables that are not past due or impaired to be good. The credit risk for cash and cash equivalents, mutual funds, bank deposits, loans and derivative financial instruments is considered negligible, since the counterparties are reputable

organizations with high quality external credit ratings. Company provides for expected credit losses on financial assets by assessing individual financial instruments for expectation of any credit losses. Since the assets have very low credit risk, and are for varied natures and purpose, there is no trend that the company can draws to apply consistently to entire population. For such financial assets, the Company’s policy is to provide for 12 month expected credit losses upon initial recognition and provides for lifetime expected credit losses upon significant increase in credit risk. The Company does not have any expected loss based impairment recognized on such assets considering their low credit risk nature, though incurred loss provisions, if any, are disclosed under each sub-category of such financial assets.

2. Liquidity risk

Liquidity Risk is defined as the risk that the Company will not be able to settle or meets its obligations on time at a reasonable price In addition; processes and policies related to such risks are overseen by senior management. Management monitors the Company’s net liquidity through rolling forecasts of expected cash flows.

3. Market risk

Changes in market prices which will affect the Company’s income or the value of its holdings of financial instruments is considered as market risk. It is attributable to all market risk sensitive financial instruments.

Note 37 : Capital Management

The primary objective of the company’s capital management is to maximize the shareholders’ interest, safeguard its ability to continue as a going concern and reduce its cost of capital. Company is focused on keeping strong total equity base to ensure independence, security as well as high financial flexibility for potential future borrowings required if any. As on March 31,2026 & March 31,2025 company does not have any debt accordingly equity share capital and other reserves amount to Rs. 17,110.81 lakhs & Rs. 15,481.13 lakhs respectively attributable to equity

Note 40 : Segment Reporting

Considering the ordinary business activites in which the Company is engaged in to, allocation of resources, review of information by single chief operating decision maker and since the segment informations are presented in consolidated financial statement of the Company and therefore no segment information is provided in the separate standalone financial statements of the Company.

Note 43 : Registration of charges or satisfaction with Registrar of Companies (ROC)

All charges or satisfaction are registered with ROC within the statutory period for the financial year ended March 31,2026 and March 31,2025, if any. No charges or satisfactions are yet to be registered with ROC beyond the statutory period.

Note 44 : Compliance with number of layers of companies

The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017 for the financial year ended March 31,2026 and March 31,2025.

Note 45 : Details of Crypto Currency or Virtual Currency

The Company has not traded or invested in Crypto currency or Virtual currency during the financial year ended March 31,2026 and March 31,2025.

Note 46 : Details of Benami Property Held

No proceedings have been initiated or pending against the Company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder in the financial year ended March 31, 2026 and March 31,2025.

Note 47 : Wilful Defaulter

The Company has not been declared as a wilful defaulter by any bank or financial institution or other lender in the financial year ended March 31,2026 and March 31,2025.

Note 48 : Utilisation of Borrowed funds and share premium

“The company has not advanced or loaned or invested (either from borrow funds or share premium or any other sources or other kind of funds) to or in any other person or entity, including foreign entity (‘intermediaries’), with the understanding, whether recorded in writing or otherwise that the intermediary shall, directly or indirectly lend, or invest in another persons or entities identified in any manner, whatsoever by or on behalf of the company,(‘ultimate beneficiaries””) or provide any guarantee, security or the like on behalf of the ultimate beneficiaries.

The company has not received any fiunds (which are material either individually or in aggregate) from any person or entity, including foreign entity, (“"funding parties) with the understanding whether recorded in writing or otherwise that the company shall directly or indirectly lend or invest in other person or entities identified in any manner whatsoever by or on behalf of the funding party, (“"ultimate beneficiaries””) or provide any guarantee security or the like on behalf of ultimate beneficiaries.”

Note 49 : Asset management income

During the previous financial year, the Company received income amounting to ^ 2,680.36 lakhs pursuant to the redemption of Class C units of Abans Investment Trust - Abans AIF-1. These income has been recognized in the books of the Company, in accordance with an assignment agreement entered into on August 16, 2023, with Abans Alternative Fund Managers LLP. The Management has recognized this income as income from securities transactions in the financial statements and accounted for direct and indirect tax implications on the same, accordingly.

Note 50 : Undisclosed income

There are no transactions which are not recorded in the books of accounts for the financial year ended March 31,2026 and March 31,2025.

Note 51 : Strike off Companies

The company does not have any transaction with the companies strike off during the year.

Note 52 : Recent Pronouncements

Ministry of Corporate Affairs (“MCA”) notifies new amendments to the existing standards under Companies (Indian Accounting Standards) Rules as issued from time to time. For the year ended March 31,2026, MCA has notified amendments to Ind AS 21 -The Effects of Changes in Foreign Exchange Rates, Ind AS 1 - Presentation of Financial Statements, Ind AS 7 - Statement of Cash Flows, Ind AS 107 - Financial Instruments: Disclosures and Ind AS 12, International Tax Reform - Pillar Two Model Rules. The Company has reviewed the amendments and based on its evaluation has determined that it does not have any significant impact in its Financial Statements.

Note 53:Previous Year Figures

Previous year’s figures have been regrouped and reclassified wherever necessary to confirm to current year classification/ presentation.