Abans Enterprises Approves Liquidation Of AGJT Subsidiary Worth Rs 49 Crore

Board approved voluntary liquidation of wholly owned material subsidiary AGJT, subject to shareholder nod. Completion in one year. FY26 share: 0.89% turnover, 22.76% net worth. Dubai gold/jewellery arm was loss-making despite narrowed loss. Follows recent auditor exit and replacement. First subsidiary wind-up; simplifies structure but recovery on large net-worth share uncertain. Proceeds if any only after completion; quantum, timeline and use undisclosed. Needs shareholder and Dubai approvals. Watch Q2 results for impairment and net-worth impact.