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CEO and Whole-time Director Chintan Mehta resigned immediately Nov 11 with no material reason. Ex-SMP Mayank Mahesh Mundhra became Additional Whole-time Director pending shareholder nod. Board also approved 100% Hong Kong subsidiary for bullion and derivatives trading. Context: follows recent senior exits that flattered H1 earnings.
Abans Financial Services CEO Mehta Resigns Mundhra Appointed Hong Kong Subsidiary Planned
Abans Financial Services CEO Mehta Resigns, Mundhra Appointed Whole-Time Director
Abans Financial Services Provides ₹75 Crore Corporate Guarantee to ICICI Bank