Banaras Beads Limited has filed a disclosure of related party transactions for the quarter and half year ended September 30, 2026, pursuant to Regulation 23(9) of SEBI Listing Regulations 2015. The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited.

Key Quantitative Figures

The disclosure includes the following remuneration payments to related parties during the reporting period:

  • Ashok Kumar Gupta (Promoter/C&MD): ₹15.11 lakh
  • Siddharth Gupta (Promoter/CEO&MD): ₹16.80 lakh
  • Ramesh Kumar Singh (KMP/Company Secretary): ₹5.69 lakh
  • Vinay Kumar Piyush (KMP/CFO): ₹2.98 lakh
  • Shivani Gupta (Promoter Group/General Manager Marketing): ₹13.10 lakh
  • Director Sitting Fees: Manan Kumar Sah (₹0.22 lakh), Anil Kumar Gupta (₹0.26 lakh), Sushil Kumar Kandoi (₹0.26 lakh), Jayanti Mathur (₹0.08 lakh)
  • Mathur Vaishya Jan Kalyan trust expenses: ₹0.73 lakh
  • Profit/loss from BBL Banaras Beads LLP: ₹0.70 lakh

Parties Involved

The disclosure involves multiple related parties including:

  • Promoters: Ashok Kumar Gupta, Siddharth Gupta
  • Key Managerial Personnel: Ramesh Kumar Singh, Vinay Kumar Piyush
  • Promoter Group: Shivani Gupta
  • Independent Directors: Manan Kumar Sah, Anil Kumar Gupta, Sushil Kumar Kandoi
  • Non-Independent Director: Jayanti Mathur
  • Promoter group entities: Banaras Beads Exports Pvt Ltd, Banaras Glass Beads Pvt Ltd, BBL Banaras Beads LLP, Mangalam Hospitality India Pvt Ltd, Banaras Beads Business LLP, Sanwaria Trade Link LLP
  • Trusts: Mathur Vaishya Jan Kalyan trust, Ram Gulam Kanhaiya Lal Charitable trust, Kashi Jan Kalyan Trust
  • Entities related to Independent Directors: Various companies and LLPs

Additional Information

The document notes that additional disclosure of related party transactions is applicable only in case the transactions relate to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once during the reporting period when such transaction was undertaken.

Financial Impact

The total remuneration disclosed to related parties during the reporting period amounts to ₹54.33 lakh. No loans, inter-corporate deposits, advances, or investments were reported in this disclosure.

The document was digitally signed by Ramesh Kumar Singh, Company Secretary, on October 29, 2026, at 13:55:17 IST.