BANARBEADS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Banaras Beads Limited has filed its Related Party Transaction disclosure for FY 2025-26 under SEBI Regulation 23(9). The filing shows transactions primarily with Key Management Personnel (KMPs) including promoter-directors Ashok Kumar Gupta (C&MD) receiving Rs. 15.12 lakhs and Siddharth Gupta (CEO&MD) receiving Rs. 16.80 lakhs as remuneration including PF. Company Secretary Ramesh Kumar Singh received Rs. 5.50 lakhs and CFO Vinay Kumar Piyush received Rs. 2.82 lakhs. Independent directors received sitting fees ranging from Rs. 0.08 to 0.26 lakhs. The filing also lists multiple entities controlled by the promoter group and entities related to independent directors, though most show zero transaction values. Mathur Vaishya Jan Kalyan Trust received Rs. 0.41 lakhs for trust expenses.
The disclosure shows standard KMP remuneration and director fees, which require audit committee approval. The large number of related entities with zero values indicates declared but inactive relationships. High promoter remuneration and numerous related party entities warrant monitoring for potential conflicts of interest.