BANARAS BEADS LTD.

Banaras Beads Ltd has announced its 46th Annual General Meeting (AGM) to be held on July 30, 2026. The company's annual report for FY 2025-2026, including the notice, directors' and auditors' reports, annual accounts, and cash flow statements, will be shared electronically and uploaded on the company's website. The Chairman's statement highlighted challenges in FY 2025-26 due to US import tariffs impacting export orders, leading to a decline in turnover and profitability. However, subsequent resolution of tariff issues has led to reconfirmed orders and an expected improvement in future performance. The company is also expanding its domestic presence under the 'de-Lemon' brand and is navigating a sub judice land acquisition matter while strategically acquiring adjacent land.

Banaras Beads Ltd has announced the closure of its trading window for the quarter ended June 30, 2026. The window will commence on July 1, 2026, and will reopen 48 hours after the announcement of the un-audited financial results for the said quarter. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The notification has been disseminated to all promoters, designated employees, and connected persons. The specific date for the board meeting to consider these financial results will be communicated separately. The information is also available on the company's website.

Banaras Beads Ltd has submitted its Business Responsibility and Sustainability Report for the Financial Year 2025-26 as part of its Annual Report. The company, engaged in manufacturing and exporting handicraft items like glass beads and imitation jewelry, reported a paid-up capital of ₹659.75 Lacs, a total turnover of ₹2429.03 Lacs, and a profit after taxes of ₹177.46 Lacs for the fiscal year. Notably, the company reported NIL spending on Corporate Social Responsibility (CSR) and does not have any subsidiary companies. The report details the company's adherence to various Business Responsibility principles, with policies in place for ethics, product safety, employee wellbeing, stakeholder interests, human rights, environmental protection, responsible policy influence, inclusive growth, and customer engagement. The CEO & Managing Director, Shri Siddharth Gupta, is responsible for the implementation of BR policies.

Banaras Beads Ltd has issued a notice for its 46th Annual General Meeting (AGM) scheduled for July 30, 2026, at 3:00 PM. The meeting will be held at Kanhaiya Lal Gupta Smriti Bhawan, Varanasi. Key agenda items include the adoption of the audited standalone financial statements for the fiscal year 2025-2026 and the re-appointment of Shri Ashok Kumar Gupta as a director. The company will not recommend any dividend for the year ended March 31, 2026, due to lower profits. The Register of Members and Share Transfer Books will be closed from July 24 to July 30, 2026.

Banaras Beads Ltd has announced that its Register of Members and Share Transfer Books will be closed from July 24, 2026, to July 30, 2026. This book closure is for the purpose of the company's 46th Annual General Meeting (AGM), scheduled to be held on July 30, 2026, at 3:00 PM in Varanasi. The cutoff date for determining eligibility for the AGM is July 23, 2026. E-voting will be available from July 27 to July 29, 2026. The notice for the AGM will be dispatched on or before July 2, 2026.

Banaras Beads Limited announced its audited financial results for Q4 and the full year ended March 31, 2026. For Q4 FY2026, revenue decreased by 15.75% to ₹650.82 lacs, and Profit After Tax (PAT) decreased by 5.13% to ₹54.93 lacs compared to the previous quarter. For the full year FY2026, revenue was down by 19.27% to ₹2548.68 lacs, and PAT significantly declined by 42.54% to ₹177.46 lacs compared to the previous year. Chairman & MD, Ashok Kumar Gupta, attributed the decline to US tariff issues which caused buyers to hold orders. He confirmed these issues are resolved, orders are confirmed, and export execution has begun. The company anticipates increased turnover and profitability in upcoming periods and expects no debt servicing problems due to strong liquidity.

Banaras Beads Limited filed its Statement of Deviation and Variation in Utilisation of Funds Raised for the quarter and year ended March 31, 2026, as per SEBI (LODR) Regulation 32. The company reported that no funds have been raised since 1995, and consequently, there is no deviation or variation in the use of funds to report. The statement was reviewed by the Audit Committee and Board on May 28, 2026.

Banaras Beads Ltd, in accordance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover Regulation 2011, has disclosed the details of shareholding for the year ended on March 31, 2026. The promoter, Mr. Ashok Kumar Gupta, has confirmed that there has been no encumbrance over the shares held by the promoters, directly or indirectly, during the financial year ended March 31, 2026.

Banaras Beads Ltd, listed on BSE and NSE, has released an annual disclosure pursuant to Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of shares and Takeovers Regulation 2011). The disclosure reveals the shareholding pattern of promoters and their groups as of March 31, 2026. The promoters, including Ashok Kumar Gupta, Rekha Gupta, Ashok Kumar Gupta (HUF), Prashant Gupta & Ashok Kumar Gupta (Jointly), Shivani Gupta, and Siddharth Gupta, together hold 58.48% of the total share and voting rights in the company.

Banaras Beads Ltd. has announced the closure of its trading window in accordance with the SEBI (Prohibition of Insider Trading Regulations) 2015 and the company's code of conduct. The closure will commence from April 1, 2026, and will end 48 hours after the announcement of the audited financial results for the quarter and year ended March 31, 2026. The decision has been communicated to all promoters, designated persons, and connected persons. The date of the board meeting to consider the audited results will be intimated in due course.