46th AGM was held on 30.07.2026 at 3.00 P.M. in which as per notice two items considered and approved. 67 members attended the meeting personally.

REF.: BBL/SECT/ July 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.: Proceedings of the 46th Annual General Meeting of the Company held on 30.07.2026 through physical mode. Dear Sir, In accordance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith proceeding of the 46th Annual General Meeting of the Company held through physical mode on 30th July, 2026 started at 3.00 P.M. and concluded at 4.10 PM. We request you to kindly take the same on record. Thanking you, Yours faithfully, For BANARAS BEADS LIMITED (R.K. SINGH) COMPANY SECRETARY Encl. : As Above. FCS No. F4071 SUMMARY OF PROCEEDINGS OF THE 46th ANNUAL GENERAL MEETING OF BANARAS BEADS LIMITED HELD ON 30TH JULY 2026 THROUGH PHYSICAL MODE. MEETING DETAILS: The AGM of the company was held as per schedule on Thursday, July 30, 2026, at 3:00 a.m. (IST) at Kanhaiya Lal Gupta Smriti Bhawan, D-58/50-A-2-1-A, Shivpurawa, Rathyatra, Varanasi 221010. The Meeting started at 3:00 P.M. and concluded at 4:10 p.m. The e-voting was started on 27.07.2026 and closed on 29.07.2026. During the meeting held on 30.07.2026 members voted through ballot also. MEETING MODE: The Meeting was conducted through Physical Mode. CHAIRMAN: Mr. Ashok Kumar Gupta, Chairman and Managing Director, chaired the proceedings of the Meeting. ATTENDANCE: a. Members The details/ number of shareholders present in the meeting are as follows: Promoter Category Public Total and Promoter Group In Person 5 62 67 Through Proxy / NIL NIL - Authorized Representative Video Conference N.A. N.A. - Total 5 62 67 The given below directors, Key Managerial Personnel , Auditors and other officials were present in person during the meeting. The Chairman introduced to them one by one as under- b. Directors: SI. Name of the Designation No. Director 1. Mr. Ashok Kumar Gupta Chairman & Managing Director 2. Mr. Siddharth Gupta Chief Executive Officer & Managing Director, Chairman of Risk Management Committee 3. Smt. Jayanti Mathur Women Non- Executive Director 4. CA Sushil Kumar Independent Director, Kandoi Chairman of Audit and CSR committee. 5. Mr. Anil Kumar Gupta Independent Director, Chairman of Stake Holders Relationship, Grievance and Share Transfer 6. Mr. Manan Kumar Sah Independent Director, Chairman of Nomination & Remuneration Committee c. Other officials: SI. Name of the Officials Designation 1. Mr. R.K. Singh Company Secretary & Compliance Officer 2. Mr. Vinay Kumar Piyush Chief Financial Officer 3. Mr. G.D. Dubey Statutory Auditor, Partner, G.D. Dubey and Associates 4. Mr. Ajay Jaiswal As Scrutinizer Practicing Company Secretaries, 5. Smt. Shivani Gupta Vice President 6 Mr. Kamal Kishor Srivastava’ Internal Auditor, Partner, Kamal Kishor & Co. QUORUM: The quorum was present at 3.00 P.M. The number of shareholders as on record/cut-off date 23rd July, 2026 were 5969. The Chairman called the meeting to order at 3.00 PM as requisite quorum was present. PROCEEDINGS OF THE MEETING: Mr. R.K. Singh, Company Secretary addressed to the Members in 46th Annual General Meeting of the Company (Banaras Beads Limited) and explained to the Members regarding participation, Ballot voting and other points to be followed by them during proceeding of meeting. The Chairman & Managing Director Mr. Ashok Kumar Gupta, delivered his speech. Thereafter, Mr. Siddharth Gupta, CEO & Managing Director stated about future prospects /business strategy of the Company and ways and means to increase the turnover of the company through new products. Thereafter, Mr. R.K. Singh, Company Secretary informed the Members there were no qualifications, observations or comments in the Audit Report and Secretarial Audit Report for F.Y. 2025-2026, thus the same in order. The original documents including register of Director's shareholding, register of contracts, copies of audited financial statements, etc., were available for inspection. The Notice convening the Meeting had been sent to all the 5969 Members (by courier/post 1056 and Email 5011) and with the permission of the Members present in the meeting the notice of the AGM was taken as read. The notice of 46th AGM along with the Audited Standalone Financial Statements together with the Board Report and Auditors’ Report thereon for the year ended 31st March, 2026 had been emailed upto 29th June, 2026 all the 5011 shareholders whose email addresses were registered with their Depository Participants. The remaining 1056 shareholders are not having e-mail and as per Regulation 36 (1) (b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and MCA, vide circular no. 09/2024 dt. 19.09.2024 as amended, RTA/company has sent a letter also upto 29th June, 2026 stating that they may download AGM Notice, Annual Report and other related documents from company website. http://bblinvestor.com/investor/25-26/AnnualReport/ ANNUALREPORT2025-26 .pdf The AGM notice, book closure and other detail have been published in Business Standard on 02.07.2026 in English and Hindi addition, The Company Secretary further informed the Members that the Company has provided its members the facility to cast their vote electronically on all the Two Resolutions as mentioned in the Notice of the AGM. Members who have not casted their vote through remote e-voting can cast their vote during the course of the meeting through the ballot. He further informed that Ajay Jaiswal & Co., Practicing Company Secretaries, Ajay Jaiswal was appointed as Scrutinizer to scrutinize the votes cast through remote Evoting and ballot during the meeting. The Company Secretary distributed ballot to the members who have not costed their vote through e-voting. Thereafter the Company Secretary put up following resolutions as set out in the Notice convening the AGM before the members to cost their vote through ballot who have not voted earlier. ORDINARY BUSINESS: Item No. 1 - Adoption of Financial Statement. To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon; and in this regard, to consider and if thought fit, to pass the following resolution as an ORDINARY RESOLUTION: “RESOLVED THAT the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon, be and are hereby received, considered and adopted.” Item No. 2 – Re-appointment of Shri Ashok Kumar Gupta (DIN: 00016661) as a director liable to retire by rotation. To appoint a director in place of Shri Ashok Kumar Gupta (DIN: 00016661), who retires by rotation and being eligible, offers himself for re-appointment. “RESOLVED THAT pursuant to the provisions of Section 152 and other applicable provisions of the Companies Act, 2013, the approval of members of the Company, be and is hereby accorded to reappoint Shri Ashok Kumar Gupta (DIN: 00016661) as a director, who is liable to retire by rotation”. The Scrutinizer asked the members, have you costed your votes. The members confirmed about their voting through ballot and scrutinizer collected the ballots. The Chairman Mr. Ashok Kumar Gupta authorised to Mr. R.K. Singh, Company Secretary of the Company to respond all the questions raised by the Members through email as well as those raised during the meeting. The shareholders have raised questions regarding future business strategy, not given dividend in AGM, accounts related other questions. The Company Secretary suitably replied all the questions. The Company Secretary stated to the members that voting and other proceeding of the AGM has been completed now [Showing first 8,000 characters — download PDF for full document]