Banaras Beads Limited has disclosed its related party transactions for the financial year ended March 31, 2026, pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, submitted to the stock exchanges on May 28, 2026, outlines the nature and value of transactions with key managerial personnel (KMP), directors, and various entities connected to the promoter group and independent directors. The disclosure provides transparency on payments made for remuneration, sitting fees, and other expenses during FY26.

The report indicates that the highest remuneration was paid to Siddharth Gupta, identified as the Promoter, CEO, and Managing Director. The company also compensated other KMPs, including Ramesh Kumar Singh, the Company Secretary, and Vinay Kumar Piyush, the CFO. Additionally, sitting fees were disbursed to independent directors and a non-executive director for their participation in board meetings.

Transactions with Key Managerial Personnel

The company recorded significant remuneration expenses for its top executives during the reporting period. The following table details the remuneration paid to the KMPs, inclusive of provident fund contributions:

Director Fees and Other Expenses

Independent and non-executive directors received sitting fees for their services. The company also recorded expenses related to a trust associated with a promoter group member. The specific values for these transactions are detailed below:

Transactions with Associated Entities

The disclosure includes a comprehensive list of entities controlled by the promoter group or related to independent directors. While several entities such as Banaras Beads Exports Pvt Ltd and Banaras Glass Beads Pvt Ltd are listed, the transaction value for the reporting period was nil for most. However, Banaras Beads Business LLP, an entity controlled by the promoter, recorded a loss of ₹0.06 lacs during the year. The filing confirms that all transactions were approved by the audit committee in accordance with applicable accounting standards.

Banaras Beads Limited has informed the stock exchanges regarding its upcoming Board of Directors meeting scheduled for Thursday, May 28, 2026. The meeting will be held at 11:30 A.M. at the company's registered office located at A-1, Industrial Estate, Varanasi. The primary agenda of the board meeting is to consider and approve the standalone audited financial results of the company for the quarter and year ended March 31, 2026.

Board Meeting Agenda

The key business to be transacted at the meeting includes:

• Standalone Audited Financial Results: To consider and approve the standalone audited financial results for the quarter and year ended March 31, 2026.
• Other Related Matters: Any other business as may be deemed appropriate by the Board.

Key Meeting Details

The following table summarises the essential details of the scheduled board meeting:

Trading Window Closure

In accordance with applicable SEBI regulations, Banaras Beads Limited has also informed the exchanges regarding the Trading Window Close Period. The closure commenced on April 1, 2026, and will remain in effect until 48 hours after the financial results are made public on May 28, 2026. This restriction applies to designated persons and insiders as per the company's internal code of conduct. The intimations were signed by R.K. Singh, Company Secretary.