Banas Finance Limited has submitted its quarterly dematerialization certificate to BSE Limited for the fourth quarter ended March 31, 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The filing was signed by Director Girraj Kishor Agrawal on April 14, 2026.

Quarterly Dematerialization Activity

During the fourth quarter of FY26, Banas Finance processed dematerialization requests for a total of 1,040 shares across five separate transactions. The dematerialization activities were spread throughout the quarter, with transactions occurring in January, February, and March 2026.

Registrar Confirmation

Purva Sharegistry (India) Private Limited, serving as the company's registrar and share transfer agent, provided confirmation of compliance with all regulatory requirements. The registrar confirmed that all security certificates received for dematerialization were properly verified, mutilated, and cancelled by the depository participants within prescribed timelines.

Regulatory Compliance

The submission fulfills the mandatory reporting requirement under SEBI regulations for listed companies to report dematerialization activities on a quarterly basis. Purva Sharegistry confirmed that the names of the depositories have been properly substituted in the register of members as registered owners, and all securities have been listed on stock exchanges where the company's earlier issued securities are traded.

The certificate was submitted to BSE Limited, where Banas Finance Limited shares are listed under scrip code 509053. The company maintains its registered office at Crystal Plaza, New Link Road, Andheri West, Mumbai.

Banas Finance Limited has announced the resignation of its Chief Financial Officer Amit Mehta, effective from the close of business hours on March 31, 2026. The company disclosed this information to the Bombay Stock Exchange on April 1, 2026, in compliance with regulatory requirements.

Key Personnel Change Details

The resignation affects a key managerial position within the company's leadership structure. The following table outlines the departing executive's details:

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also complied with Para A(7B) of Part A of Schedule III of SEBI Listing Regulations, 2015 and SEBI Master Circular bearing Reference Number SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024.

Resignation Details

Amit Mehta submitted his resignation letter on March 16, 2026, citing personal reasons for his departure. In his resignation letter, Mehta expressed gratitude for the opportunities provided during his tenure at Banas Finance Limited and acknowledged the support and knowledge gained during his employment.

The Chief Financial Officer confirmed that there are no other material reasons for the resignation beyond those stated in the resignation letter. The company has indicated that the complete resignation letter has been enclosed as supporting documentation with the regulatory filing.

Company Information

Banas Finance Limited, incorporated with CIN L65910MH1983PLC030142, is headquartered at E/109, Crystal Plaza, New Link Road, Andheri (W), Mumbai - 400 053. The disclosure was signed by Tanu Giriraj Agarwal, Director and CEO (DIN: 00290966), who digitally signed the communication on April 1, 2026.

The company has requested the stock exchange to take the information on record and disseminate it on the exchange's website for public disclosure.