Banaras Beads Limited has submitted a disclosure of related party transactions for the period ended March 31, 2026 to BSE Limited and The National Stock Exchange of India Limited, pursuant to Regulation 23(9) of SEBI Listing Regulations, 2015.
The disclosure includes remuneration payments to promoters, key managerial personnel, and directors, as well as transactions with various promoter-group entities and entities related to independent directors.
Remuneration Details:
- Ashok Kumar Gupta (Promoter/C&MD): ₹15.12 lakh
- Siddharth Gupta (Promoter/CEO&MD): ₹16.80 lakh
- Ramesh Kumar Singh (KMP/Company Secretary): ₹5.50 lakh
- Vinay Kumar Piyush (KMP/CFO): ₹2.82 lakh
- Shivani Gupta (Promoter Group/Voice President): ₹13.11 lakh
- Manan Kumar Sah (Independent Director): ₹0.22 lakh (Director Sitting Fees)
- Anil Kumar Gupta (Independent Director): ₹0.26 lakh (Director Sitting Fees)
- Sushil Kumar Kandoi (Independent Director): ₹0.26 lakh (Director Sitting Fees)
- Jayanti Mathur (Non-executive Director): ₹0.08 lakh (Director Sitting Fees)
Entity Transactions:
- Mathur Vaishya Jan Kalyan trust (Ashok Kumar Gupta Trustee): ₹0.41 lakh expenses
- Banaras Beads Business LLP (Entity controlled by Promoter): Loss of ₹0.06 lakh from LLP
- Multiple other promoter-group entities and entities related to independent directors are listed with no transaction values indicated (marked with "-")
The disclosure specifically notes that the additional disclosure requirements for loans, inter-corporate deposits, advances, or investments made or given by the listed entity/subsidiary are not applicable as no such transactions were undertaken during the reporting period.
The document was digitally signed by Ramesh Kumar Singh, Company Secretary (FCS: 4071) on May 28, 2026, at 14:21:28 +05'30'.