BANAS FINANCE LTD.

Banas Finance Ltd announced the appointment of Mr. Praveen Jangid as the new Chief Financial Officer (CFO) effective June 29, 2026. The decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Mr. Jangid brings nearly 10 years of experience in financial reporting, budgeting, taxation, audits, MIS reporting, internal controls, and financial planning. His expertise is expected to bolster the company's financial functions, governance, and support its long-term growth strategy. This appointment complies with Section 203 of the Companies Act, 2013, and SEBI Listing Regulations.

Banas Finance Ltd announced the appointment of Mr. Praveen Jangid as the new Chief Financial Officer (CFO) following a Board of Directors meeting held on June 29, 2026. The appointment, effective the same day, was made on the recommendation of the Nomination and Remuneration Committee and complies with Section 203 of the Companies Act, 2013, and SEBI Listing Regulations. Mr. Jangid brings nearly 10 years of experience in financial reporting, budgeting, taxation, audits, and financial planning. His expertise is expected to bolster the company's financial operations and support its growth strategy.

Banas Finance Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in preparation for the declaration of the unaudited financial results for the first quarter ended June 30, 2026. The trading window will be shut from July 1, 2026, and will reopen 48 hours after the financial results are made public. All concerned individuals are advised against trading in the company's securities during this period. The date for the board meeting to approve these results will be communicated separately.

Banas Finance Ltd has announced the resignation of its Secretarial Auditor, M/s HRU & Associates. The resignation is effective immediately as of June 12, 2026. The auditors cited "other pre-occupations in other assignments" and "other personal reason" as the cause for their departure. The company stated that there are no concerns raised by the auditor regarding the management and no material reason for the resignation. The Audit Committee and the Board will appoint a new Secretarial Auditor in due course.

Banas Finance Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during their meeting held on May 27, 2026. The results, along with the auditor's report, have been submitted to the BSE as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Banas Finance Ltd's board meeting on May 27, 2026, approved the audited standalone and consolidated financial results for the fourth quarter ended March 31, 2026. The board also took note of the resignation of CFO Mr. Amit Mehta, effective March 31, 2026. The meeting commenced at 4:00 PM and concluded at 8:00 PM.

Banas Finance Ltd has scheduled a Board of Directors meeting on May 27, 2026, to consider and approve the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The trading window, which is currently closed, will re-open 48 hours after the declaration of these financial results.

Banas Finance Ltd has submitted a document regarding the resignation of its Chief Financial Officer, Mr. Amit Mehta, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation is effective from the close of business hours on 31st March, 2026. The reasons for resignation, as stated in his resignation letter, do not include any other material reasons. The company has disclosed all the necessary information as per Regulation 30 and SEBI Master Circular.

Banas Finance Ltd has announced the closure of its trading window for the audited Financial Results for the Fourth quarter and year ended 31st March, 2026. This closure is as per the Company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Designated Person and their immediate Relatives of the Company, and SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed from 1st April, 2026 and will reopen after 48 hours of the declaration of the audited results. The date of the Board Meeting for the consideration of the audited Financial Results will be intimated in due course.

Banas Finance Ltd has announced the resignation of its Chief Financial Officer, Amit Mehta, with effect from the close of business hours on 31st March, 2026. The resignation was received on 16th March, 2026. Mr. Mehta has stated personal reasons as the reason for his resignation and has confirmed that there are no other material reasons for his departure. The company has disclosed the details of the resignation in accordance with the SEBI regulations and the Master Circular.