BSECompany Update1d ago · 30 Oct 2026, 02:27 pm
Notice no. 382/2026 U/s 20 and 21 of Micro Small and Medium enterprises Development Act 2006
Banaras Beads Ltd · 526849
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Banaras Beads Ltd has received a notice from Assistant Commissioner, Udhyog, Meerut, Uttar Pradesh, under the Micro, Small and Medium Enterprises Development Act, 2006, regarding a claim of Rs. 26,24,373.42 from one of its suppliers, M/s Together Tech Private Limited. The company has stated that the claim has no basis in the MSMED Act or any contract and is not part of any amount due under Section 17 of the Act.
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Banaras Beads Ltd - 526849 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Assistant Commissioner Udhyog, Meerut, UP Notice No.382/2026 U/S 20 And 21 Of Micro Small And Medium Enterprises Development ACT, 2006
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REF.: BBL/SECT/ October 30, 2026
The BSE Limited The National Stock Exchange Of (I) Ltd.,
Department of Corporate Services, Exchange Plaza, 5th Floor,
Phiroze Jeejeebhoy Towers Plot No. C/1, G-Block,
Dalal Street, Mumbai – 400001 Bandra-Kurla Complex, Bandra (E)
Mumbai - 400 051
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Dear Sir,
In terms of Regulation 30 read with Para A of Schedule III of the Listing Regulations,
this is to inform you that the has received a notice from Assistant Commissioner, Udhyog,
Meerut, Uttar Pradesh vide notice No.382/2026 U/s 20 and 21 of Micro, Small and Medium
Enterprises Development ACT, 2006.
One of the suppliers of the company M/s Together Tech Private Limited Ghaziabad Uttar
Pradeesh has made a claim before Council /Assistant Commissioner, Udhyog, Meerut for
Rs. 24,74,028.60 as principal non-payment of supplied goods value Rs. 1,00,344.82 as interest,
future interest cost of legal notice Rs. 50000 and the total claim of Rs. 26,24,373.42. In said
claim the Council has directed to make reply within 15 days from the date of receipt of notice.
No other direction given by Council /Assistant Commissioner, Udhyog, Meerut.
In this regard in terms of SEBI circular numbered SEBI/HO/CFD/CFD-PoD-
1/P/CIR/2023/123 dated July 13, 2023, details to be disclosed regarding the aforesaid
claim/notice is annexed in Annexure I to this intimation.
You are requested to take the above information on record.
Thanking you,
For BANARAS BEADS LIMITED
(R.K. SINGH)
COMPANY SECRETARY
FCS-4071
Encl. As above
Annexure I
1. Name of the authority Assistant Commissioner, Udhyog, Meerut, Uttar
Pradesh
2. Nature and details of the Notice No.382/2026 U/s 20 and 21 of Micro, Small
action(s) taken, initiated or and Medium Enterprises Development ACT, 2006.
order(s) passed
In the matter claim Petition under Section 18 of
Misc. Case No. 382/2026 dated 21.10.2026, received
on 29.10.2026.
3. Date of receipt of direction As per notice council has directed to submit reply
or order, including any ad- within 15 days.
interim or interim orders, or
No other order/direction given.
any other communication
from the authority
4. Details of the One of the suppliers of the company M/s Together
violation(s)/contravention(s) Tech Private Limited Ghaziabad Uttar Pradeesh
committed or alleged to be has made a claim for Rs. 24,74,028.60 as principal non-
committed payment of supplied goods value Rs. 1,00,344.82 as
interest, future interest cost of legal notice Rs. 50000
and the total claim of Rs. 26,24,373.42.
As per management the supplier has not supplied
goods timely and complied other terms of purchase
order of the company, due to which company was not
able exports goods timely to Foreign Buyer and
Foreign Buyer denied to give any further order said
items to company in future. Thus notice and related
correspondence has no basis in the MSMED Act or in
any contract and is no part of any “amount due” under
Section 17 of the MSMED Act. The Claimant is not
entitled to any of the reliefs prayed for.
5. Impact on financial, Maximum Rs. 26,24,373.42, if the council allows full
operation or other activities claim in this regard in future.
of the listed entity, But it’s does not have any major financial operation
quantifiable in monetary impact on company business.
terms to the extent possible