Abhinav Capital Services Ltd

AGM Details

• Date and mode: 30 Sep 2026, Virtual AGM (11:00–11:21 IST).
• Record date: 23 Sep 2026; Shareholders on record: 1,203.

Resolutions and outcomes

• Adoption of financial statements: approved.
• Re-appointment by rotation: approved.
• Material related party transaction with Vikabh Securities Private Limited: approved.
• Material related party transaction with Vinod H. Biyani: approved.
• Material related party transaction with Asian Markets Securities Private Limited: approved.
• Total resolutions passed: 5.

Director changes

• Director re-appointment by rotation: Chetan Karia; approved.

Voting results

• All resolutions passed with high majority; no significant dissent reported.

Other material approvals

• No dividend declared or discussed; no other material approvals noted.

AGM Details

• Date and time: 30 September 2026 at 11:00 AM.
• Mode: Video Conferencing / Other Audio Visual Means (VC/OAVM).
• Record date for e-voting: 23 September 2026.
• Remote e-voting window: 27 September 2026, 9:00 AM to 29 September 2026, 5:00 PM.
• Scrutinizer: Abhishek Walwaikar (Advocate).
• Quorum: 17 shareholders via VC/OAVM.
• Results: to be declared by Scrutinizer within two days.

Key Resolutions

• Adopt audited financial statements for year ended 31 March 2026.
• Re-appoint director retiring by rotation: Chetan Karia.
• Approve related party transactions with Vikabh Securities Private Limited.
• Approve related party transactions with Asian Markets.
• Approve related party transactions with Vinod H. Biyani, Partnership Firm.

Director Changes

• Director Chetan Karia to retire by rotation; eligible for reappointment.

Voting Status / Post-Meeting Actions

• Final results pending; combined results to be declared by the Scrutinizer.
• Results to be posted on the company website and exchanges within two days.

Abhinav Capital Services Limited: Trading Window closed for Designated Persons from 1 Oct 2026 till 48 hours after the declaration of the financial results for the quarter ended 30 Sep 2026.

Target overview

• Abhinav Capital Services Limited, Mumbai-based financial services firm listed on BSE.

Promoter inter-se transfer details

• Related-party inter-se transfer among promoter brothers as gift with NIL consideration.
• Date of acquisition: 14 August 2026; post-intimation date: 20 August 2026.
• Acquired shares: Bharat 6,49,110 (9.37%), Vinod 3,06,521 (4.43%).
• Post-transaction holdings: Bharat 6,49,110 (9.37%), Vinod 3,56,518 (5.15%), Kailash 4,44,868 (6.42%).

Regulatory filings and approvals

• Exemption under Regulation 10(1)(a)(i); no open offer required.
• Regulatory filings under 10(5)/10(6)/10(7) completed with stock exchanges.
• Acquisition price: NIL; transfers by Gift Deed (inter-se promoter).

Target background and capitalization

• Target background: financial services firm; promoter group inter-se transfers among brothers.
• Pre-transaction paid-up capital: Rs 6.92 crore, 69,24,600 shares of Rs 10 each.
• CIN: L65990MH1994PL C083603; listed on BSE.

Insider disclosures under PIT Form C

• Type: Disclosure under Regulation 7(2)(a) and Form C for insider trading.
• Purpose: Record acquisitions/disposals by promoter-group insiders via inter-se transfer and gift deeds.
• Governance: Form C filings; inter-se transfers within promoter group; gift-deed transfers.
• Affects: Bharat Hardattrai Biyani; Vinod Hardattrai Biyani; Kailash Hardattrai Biyani; promoter group.
• Material changes: No material changes to code; disclosures pertain to inter-se transfers within promoter group.
• Trading disclosures: Acquisition on 14 August 2026; gifts via gift deeds; inter-se transfer within promoter group.

Acquisition overview – Abhinav Capital Services

• Target: Abhinav Capital Services Limited, financial services provider in India.
• Equity share capital Rs 6.92 crore; 69,24,600 equity shares of Rs 10.
• Bharat Hardattrai Biyani acquired 6,49,110 shares; 9.37%.
• Vinod Hardattrai Biyani acquired 3,06,521 shares; 4.43%.
• Kailash Hardattrai Biyani disposed 9,55,631 shares; 13.80%.
• Post-acquisition holdings: Bharat 9.37%; Vinod 5.15%.
• Kailash after sale holds 6.42% (4,44,868 shares).
• Mode: Inter-se transfer via Gift Deed.
• Date of acquisition: 14 August 2026.
• Regulatory approvals: SEBI SAST disclosures under Regulations 29(1)/(2).
• Total issued capital remains 69,24,600 shares.
• Date of intimation: 14 August 2026.
• Promoter-group status: Bharat and Vinod are promoters; Kailash is promoter-relative.
• Bharat: 6,49,110 shares; Vinod: 3,06,521 shares.
• Disposal by Kailash: 9,55,631 shares; remaining 4,44,868 shares.
• Acquisition trigger: inter-se gift deed among promoter group.

Target overview

• Target: Abhinav Capital Services Limited; business details not specified in filing.
• Sector and country of presence not disclosed in the filing.

Promoter transfers

• Transfer: Kailash Hardattrai Biyani to Bharat Hardattrai Biyani; 6,49,110 shares (9.37%).
• Transfer: Kailash Hardattrai Biyani to Vinod Hardattrai Biyani; 3,06,521 shares (4.43%).

Post-transaction holding

• Post-transaction stakes: Bharat 9.37%; Vinod 5.15%.

Consideration & approvals

• Form of consideration: Nil; transfers by gift.
• Regulatory exemption: Regulation 10(1)(a)(i) of SEBI SAST.

Timeline & background

• Date of transfer: 14 August 2026.
• Filing with stock exchange: 7 August 2026.
• Target background: products/services and incorporation not disclosed.

Target overview

• Target: Abhinav Capital Services Limited, India-based financial services firm.
• Industry: financial services; sector: capital markets.
• Geographic presence: India, Mumbai headquarters.
• Products/services not specified; incorporation date and turnover not disclosed.

Transaction details

• Inter-se transfer among promoter group as a gift; NIL consideration.
• Transferors: Kailash H. Biyani; transferees: Bharat H. Biyani and Vinod H. Biyani.
• Date of proposed transfer: 14 August 2026.
• 6,49,110 shares to Bharat (9.37%).
• 3,06,521 shares to Vinod (4.43%).
• Total proposed transfer: 9,55,631 shares (~13.86%).
• Aggregate promoter holding unchanged.

Regulatory/approval

• Exemption under Regulation 10(1)(a)(i) of SAST; disclosures to be complied.