Banas Finance Lt News

updates on Right Issue

Record date fixed Friday April 26, 2024

details attached

Compliance certificate under reg 7(3) for the period ended 31st March, 2024

Compliance under 74(5) OF SEBI(DP) REG, 2018

BANAS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/04/2024 ,inter alia, to consider and approve to consider, ruler, various matters relating to the Rights Issueincluding terms and conditions such as the determination of the Rights Issue price and related payment mechanism, Rights Issue size, rights entitlement ratio, the record date and timing ofthe Rights Issue and other matters incidental or connected therewith.

Clarification regarding price movement

Closure of trading Window

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for J R Seamless Pvt Ltd

as per attachment

as attached

PFA

Newspaper publication

Appointment of CEO

As per attachment

as per attachment

we are submitting herewith disclosure for the appointment of CEO and non-executive non-independent Director

Outcome of the Board meeting

BANAS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/01/2024 ,inter alia, to consider and approve 1. To consider and approve appointment of Independent Director of the Company.2. Any other business with permission of the Chairperson.

Compliance certificate under reg 74(5) of sebi (dp) reg

Trading window closure Notice

The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JR Seamless Pvt Ltd

The Board transacted and approved following matters:1. The Board of Directors express their deep condolences on sad demise of Mr. Amit Gulecha (DIN:06964404) and accepted his cessation due to casual Vacancy (Death) as the Managing Director of theCompany with effect from 22nd October, 2023.

BANAS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/11/2023 ,inter alia, to consider and approve cessation of Mr. Amit Gulecha (DIN: 06964404) Managing Director of the Company due to death.

Raising of Funds through Right Issue

Intimation of Demise of Mr. Amit Gulecha, Managing Director of the Company

As per attachment

Proceeding of EGM

as per attachment

The Board transacted and approved following matters:
1. The Standalone & Consolidated Un-Audited Financial Results of the Company for the Quarter and Half Year ended September 30, 2023, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.
2. Approved the Limited Review Report on the Standalone & Consolidated Unaudited Financial Results of the Company for the Quarter and Half year ended September 30, 2023.

The Board transacted and approved following matters:1. The Standalone & Consolidated Un-Audited Financial Results of the Company for the Quarter and Half Year ended September 30, 2023, pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.2. Approved the Limited Review Report on the Standalone & Consolidated Unaudited Financial Results of the Company for the Quarter and Half year ended September 30, 2023.

BANAS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/11/2023 ,inter alia, to consider and approve 1. Pursuant to Regulation 33 of SEBI (LODR) Regulation, 2015 to consider and approve the Standalone & Consolidated Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30, 2023.2. To consider and approve the Limited Review Report on the Standalone & Consolidated Unaudited Financial Results of the Company for the Quarter and Half Year ended September 30, 2023.

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JR Seamless Pvt Ltd

Notice of Extra-Ordinary General Meeting schedule to be held on 10th November, 2023 at 1.00 pm through VC/OAVM

transacted and approved following matters:1. Increase in Authorised Share Capital of the company2. Approval For Revision In Material Related Party Transaction Amount Up to Rs. 200.00 Crores.3. Convening an Extra Ordinary General Meeting ("EOGM")4. Appointment of scrutinizer for the purpose of e-voting5. Authorised Director and Company Secretary to send copy of notice to the shareholders and Exchange andto conduct the Extra-Ordinary General Meeting.

BANAS FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2023 ,inter alia, to consider and approve 1. To discuss and approve the proposal of Increase of authorised share capital of the company and accordingly alter memorandum of association of the company.2. To discuss and approve the increase in limit for Related Party Transaction3. Any other matter with permission of the Chairman.

scrutinizer report with voting results

Trading window shall be closed from 1st October, 2023 till the 48 hours from the declaration of Un-audited financial results for the quarter and Half year ended 30th September, 2023.

Newspaper publishment post dispatch of notice of 40TH Annual General Meeting.

In the Nifty pack, 16 stocks closed in the green, while 34 stocks ended in the red.