Abans Financial Services Limited
Meru Investments increased its stake in Abans Financial Services from 2.45% to 3.19% by purchasing 377,985 shares. The total shares held by Meru Investments in Abans Financial Services is now 1,619,333.
A diversified financial services holding company that operates across institutional broking, asset management, financial lending, treasury operations, and remittance services. Incorporated in 2009, the company serves institutional clients and individual customers through its integrated platform. Its multi-segment approach enables comprehensive financial solutions spanning investment advisory, wealth management, credit facilities, and cross-border money transfer services for various customer segments.
Meru Investment Fund PCC is a foreign portfolio investor that is among the more active anchor investors in Indian SME IPOs. It has backed offerings across sectors such as electric equipment, infrastructure, steel, textiles, and chemicals.