Banaras Beads Ltd

Banaras Beads Ltd — Trading Window Close Period will be commenced from October 1, 2026 and will end 48 hours after announcement of Un-Audited Financial Results for Quarter and Half Year ended September 30, 2026.

Legal/Regulatory Update

• NCLT Allahabad withdraws EP 424/ALD/2018 and Cont. A. No.10/2023 against Banaras Beads.
• Withdrawal with liberty to file a fresh petition with better particulars.
• Cont. A. No.10/2023 disposed off as withdrawn.
• Order dated 6 August 2026; order uploaded 13 August 2026.
• Petitioner ex-director Raj Kumar Gupta withdrew petition; no further orders.
• No financial, operational impact disclosed.
• Case under sections 397/398 of the Companies Act, 1956.

AGM details

• Date: 30 July 2026; physical mode; proceedings 3:00 PM to 4:10 PM.
• Record date for voting: 23 July 2026.
• Total shareholders on record: 5,969.

Key resolutions and voting

• Item 1 (Ordinary): Adoption of audited standalone financial statements and reports; passed; 4,618,025 in favour, 0 against.
• Item 2 (Ordinary): Gupta re-appointment; passed; 81.22% of polled votes in favour after excluding related-party votes.
• Note: Gupta did not vote on Item 2 due to related-party status.

AGM Details

• Date and time: 30 July 2026, 3:00 PM to 4:10 PM.
• Mode: Physical; venue in Varanasi.
• E-voting window: 27–29 July 2026; ballot voting conducted during meeting.
• Chairman: Ashok Kumar Gupta (MD & Chairman).
• Attendance: 5 promoter group and 62 public, total 67.

Resolutions

• Item 1: Ordinary resolution to adopt audited standalone financial statements.
• Item 2: Ordinary resolution to re-appoint Ashok Kumar Gupta as director liable to retire by rotation.

Voting Results

• Final results not disclosed; scrutinizer's report to be shared with exchanges within 48 hours.

Dividend

• No dividend was declared at the AGM.

Director Changes

• Ashok Kumar Gupta re-appointed as director liable to retire by rotation.

Auditors

• Statutory auditor present; no appointment changes announced.

Meeting Details

• Date: 23 July 2026; Time: 11:30 AM; Location: Registered Office, A-1 Industrial Estate, Varanasi.

Key Agenda Items

• To consider and approve standalone unaudited financial results for the quarter ended June 30, 2026.
• Other related matters.

Other Notes

• Trading window closes from July 1, 2026, until 48 hours after results on July 23, 2026.

Dematerialisation processing and record updates

• Securities received for dematerialisation were confirmed to Depositories within 15 days.
• Physical certificates for dematerialisation were mutilated and cancelled after verification.
• Depositories' names substituted as registered owner and updated with Depositories and stock exchanges within 15 days.
• Register of Members updated accordingly.