Latest news about Banaras Beads
Banaras Beads
102.74
-0.84(-0.81%)
Company Performance:
View Company Insights1D-0.81%
1M-9.56%
6M-20.90%
1Y-19.27%
5Y+84.45%
More news about Banaras Beads
29May 26
Banaras Beads discloses FY26 related party transactions
Banaras Beads Limited disclosed its related party transactions for FY26, revealing remuneration details for key managerial personnel and directors. Siddharth Gupta received the highest remuneration of ₹16.80 lacs, while sitting fees were paid to independent directors. The filing also noted a loss of ₹0.06 lacs in Banaras Beads Business LLP.
20May 26
Banaras Beads schedules May 28 board meeting to approve FY26 results
Banaras Beads Limited has scheduled a Board of Directors meeting for May 28, 2026, at its registered office in Varanasi to consider and approve the standalone audited financial results for the quarter and year ended March 31, 2026. The company has also informed the exchanges about the trading window closure, which commenced on April 1, 2026, and will end 48 hours after the results are announced.
14Apr 26
Banaras Beads Limited Receives SEBI Compliance Certificate for FY2026
Banaras Beads Limited received its SEBI compliance certificate under Regulations 40(9) and 40(10) for FY2026, issued by Ajay Jaiswal & Co. after examining share transfer documents. The certification confirms no share transfer certificates were received during April 2025 to March 2026, while other share certificates were processed within regulatory timeframes. Company Secretary R.K. Singh filed the certificate with BSE and NSE on April 14, 2026.
08Apr 26
Banaras Beads Limited Confirms Non-Applicability of Large Corporate Framework Under SEBI Regulations
Banaras Beads Limited disclosed to BSE and NSE on April 7, 2026, that it does not qualify as a Large Corporate under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 regarding debt securities issuance. The company reported outstanding borrowings of Rs 1882.59 lacs as of March 31, 2026, and confirmed it has no credit rating. The Varanasi-based manufacturer and exporter of beads and fashion jewelry submitted this regulatory compliance disclosure to clarify its status under the SEBI framework.
07Apr 26
Banaras Beads Limited Opens Special Window for Physical Share Transfer and Dematerialization
Banaras Beads Limited has opened a special one-year window from February 5, 2026 to February 4, 2027 for transfer and dematerialization of physical shares under SEBI regulations. The initiative addresses shares purchased before April 1, 2019 that were previously rejected due to documentation issues, with transferred securities subject to a one-year lock-in period.
07Apr 26
Banaras Beads Limited Files SEBI Compliance Documents for FY26
Banaras Beads Limited submitted multiple regulatory filings for FY26, including detailed promoter shareholding disclosure revealing 58.48% collective stake across six entities and SEBI depository compliance certificate confirming adherence to 15-day processing requirements for dematerialization.
11Mar 26
Banaras Beads Limited Receives State Exports Award Uttar Pradesh 2024-2025 for Outstanding Export Performance
Banaras Beads Limited has been awarded the State Exports Award Uttar Pradesh 2024-2025, securing second prize in the Glass and Ceramic category for outstanding export performance. The award was presented by Shri Alok Kumar, Principal Secretary, MSME & Export Promotion, Government of Uttar Pradesh on March 10, 2026, and received by Chairman & Managing Director Shri Ashok Kumar Gupta. This recognition highlights the company's excellence as a manufacturer and exporter of beads, fashion jewelry and accessories, reinforcing its position as a Government of India recognized export house established in 1940.
02Feb 26
Banaras Beads Limited Forfeits 38,700 Shares After Non-Payment of Allotment Money
Banaras Beads Limited forfeited 38,700 partly paid-up equity shares from 387 shareholders who failed to pay ₹1,025,275 in outstanding allotment money and premium by December 25, 2025. The Board approved the forfeiture on January 29, 2026, following multiple reminder notices, and has now informed stock exchanges and affected shareholders of the action.
29Jan 26
Banaras Beads Limited Reports 15.88% Growth in Q3FY26 Net Profit Despite US Market Challenges
Banaras Beads Limited reported Q3FY26 net profit of Rs 57.90 lakh, up 15.88% YoY, with revenue from operations growing 34.67% to Rs 772.48 lakh. Nine-month performance showed challenges with revenue declining 22.11% to Rs 1897.86 lakh and net profit falling 49.54% to Rs 122.53 lakh. The company faces headwinds from US market tariff issues, with buyers holding orders though none cancelled, while negotiations continue with US-based customers.
16Jan 26
Banaras Beads Limited Schedules Board Meeting on January 29, 2026 for Q3FY26 Financial Results
Banaras Beads Limited has scheduled a board meeting for January 29, 2026, at 11:30 AM to consider and approve Q3FY26 unaudited financial results for the quarter ended December 31, 2025. The meeting will be held at the company's registered office in Varanasi in compliance with SEBI regulations. The trading window closure period began January 1, 2026, and will end 48 hours after results publication on January 29, 2026.
09Dec 25
Banaras Beads Limited Issues Forfeiture Notice for Unpaid Share Call Money
Banaras Beads Limited has issued a forfeiture notice for 104,400 partly paid-up equity shares due to unpaid call money totaling Rs. 730,800.00. Shareholders have been given a 14-day window to make the payment, failing which the shares may be forfeited as per company regulations. This action affects shares with a face value of Rs. 10.00 each and demonstrates the company's efforts to ensure compliance with share payment obligations.
30Oct 25
Banaras Beads Limited Reports Q2 FY2026 Results: Profit Dips Amid US Tariff Challenges
Banaras Beads Limited, a glass beads and handicrafts exporter, announced unaudited financial results for Q2 and H1 FY2026. The company faced challenges due to increased US tariffs, resulting in a significant decline in quarterly profit. Q2 FY2026 saw revenue of ₹355.33 lakhs and profit after tax of ₹64.60 lakhs, down 66.50% year-over-year. H1 FY2026 revenue was ₹1156.32 lakhs, with profit after tax at ₹308.81 lakhs, up 122.26% year-over-year. US buyers have put orders on hold, but no cancellations reported. The company is negotiating with US buyers and expects annual turnover to match or exceed last year's levels. New orders are being accepted at adjusted rates to address tariff concerns.
01Oct 25
Banaras Beads Limited Expands with Rs 6.73 Crore Property Acquisition in Varanasi
Banaras Beads Limited has purchased a 1670 square meter plot in Varanasi for Rs 6.73 crore from the Varanasi Development Authority. The company secured a Rs 7.56 crore loan from HDFC Bank at 7.75% interest for 5 years to finance the purchase and construction. The newly acquired land, located near existing facilities, will be used for warehouse development. This strategic move is part of the company's expansion plans to enhance operational capabilities.
19Sept 25
Banaras Beads Limited Acquires 1680 Sq. Meter Property in Varanasi for Rs. 6.77 Crore
Banaras Beads Limited has acquired a 1680 square meter property in Varanasi for Rs. 6.77 crore through an open bid process by the Varanasi Development Authority. The company secured a loan of Rs. 7.56 crore from HDFC Bank at 7.75% interest for 5 years to finance the purchase and development. Rs. 5.29 crore has been disbursed for the land purchase, with the remaining Rs. 2.27 crore allocated for construction. The property will be used for warehouse development as part of the company's expansion plans.
11Aug 25
Banaras Beads Limited Confirms Mrs. Jayanti Mathur as Non-Executive Director
Banaras Beads Limited has officially confirmed the appointment of Mrs. Jayanti Mathur as a Non-Executive Director during its 45th Annual General Meeting. Mrs. Mathur, initially appointed on May 29, 2025, brings over ten years of experience in Marketing, Finance, Management, decoration, and designing. The company also approved M/s Ajay Jaiswal & Co. as Secretarial Auditor for a five-year term. These appointments aim to strengthen the company's corporate governance and leadership team.
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