Banas Finance Ltd (BANASFN) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Banas Finance Ltd on NSE and BSE, with an AI summary of each filing.
Banas Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Unaudited quarterly financials ....
Intimation · 05 Nov 2026, 5:30 am
Banas Finance Schedules Board Meeting to Approve Q2 Results on 5th Nov'26 Banas Finance Limited has scheduled its Board of Directors meeting on 5th Nov'26 to consider and approve the unaudited standalone and consolidated financial results, along with the Limited Review Report, for the second quarter and half year ended 30th Sep'26. Additionally, the trading window for designated persons remains closed and will reopen 48 hours after the declaration of the financial results.
Voting Results for AGM held on 24th September, 2026
Annual General Meeting · 28 Sept 2026, 3:23 pm
We are hereby submitting the Scrutinizer report for AGM held on 24th September, 2026
Annual General Meeting · 28 Sept 2026, 3:20 pm
appointment of secretarial auditor
Change in Management · 24 Sept 2026, 10:39 pm
Banas Finance Approves Secretarial Auditor and Independent Director Appointments Shareholders of Banas Finance Limited approved the reappointment of M/s. Jay Bhatt & Associates, Practising Company Secretary, as Secretarial Auditor for a 5-year term from the conclusion of the Annual General Meeting on 24th Sep'26 until the AGM in FY31-32. Additionally, shareholders approved the reappointment of Mr. Vikash Kulhriya as an Independent Director for a second term, also concluding at the AGM in FY31-32. Both appointments comply with SEBI Listing Regulations.
appointment of independent director
Change in Management · 24 Sept 2026, 10:37 pm
Banas Finance Re-Appoints Independent Director and Secretarial Auditor Banas Finance Limited announced that shareholders approved key appointments at their meeting held on 24th Sep'26. The company approved the re-appointment of Mr. Vikash Kulhriya (DIN: 09014921) as an Independent Director for a second term, serving until the conclusion of the AGM in FY31-32. Additionally, M/s. Jay Bhatt & Associates, Practicing Company Secretaries, was appointed as Secretarial Auditor for a five-year tenure, also concluding at the AGM to be held in FY31-32.
AGM outcome
Annual General Meeting · 24 Sept 2026, 10:34 pm
annual report of the company
Others (Uncategorized) · 03 Sept 2026, 3:43 am
intimation
Annual General Meeting · 03 Sept 2026, 3:40 am
Banas Finance Limited Announces 43rd AGM, Book Closure, and E-voting Schedule Banas Finance Limited announced its 43rd Annual General Meeting (AGM) scheduled for 24th Sep'26 at 02:00 PM. The cut-off date for e-voting on AGM resolutions is fixed as 17th Sep'26. Book closure for the AGM is scheduled from 18th Sep'26 to 24th Sep'26. The remote e-voting period commences on 21st Sep'26 at 09:00 AM and concludes on 23rd Sep'26 at 05:00 PM. The company has already initiated the dispatch of its annual report for the financial year.
notice of annual general meeting
Annual General Meeting · 03 Sept 2026, 3:38 am
we are hereby submitting Regulation 30 for appointment of Secretarial Auditor and Re-appointment of Independent Director by Board of Directors meeting held on 01.09.2026
Change in Auditor · 01 Sept 2026, 11:28 pm
Banas Finance Board Approves Director Re-appointments and New Secretarial Auditor Banas Finance's board approved key resolutions on 01 Sep'26, including the Director's Report for FY26 and the Secretarial Audit Report. Key approvals include the re-appointment of Girraj Kishor Agrawal as Director and Vikash Kulhriya as Independent Director for a second term. The board also appointed M/s. Jay Bhatt & Associates as Secretarial Auditors for a five-year term, effective from 01 Apr'26 to 31 Mar'31. Additionally, the company will convene its 43rd AGM via electronic mode and has appointed a scrutinizer and NSDL for e-voting.
We are hereby submitting the outcome of board meeting for approval of notice of AGM and other matters
Others (Uncategorized) · 01 Sept 2026, 11:25 pm
appointment of secretarial auditor
Change in Auditor · 14 Aug 2026, 11:09 pm
Banas Finance Board Approves Q1 Results and Appoints Secretarial Auditor Banas Finance's Board, at its meeting on 14th Aug'26, approved the unaudited standalone and consolidated financial results for the quarter ended 30th Jun'26. The board also approved the corresponding Limited Review Report. Additionally, M/s. Jay Bhatt and Associates, Company Secretaries, were appointed as the Secretarial Auditor for the financial year 2025-26. The company confirmed no relationship exists between the newly appointed auditor and the directors.
unaudited financial results for 30.06.2026
Financial Result · 14 Aug 2026, 11:00 pm
Banas Finance Q1 FY27 Standalone PAT Grows Significantly YoY Banas Finance reported Q1 FY27 standalone results with total income at Rs 299.41 lakhs, down 72% YoY, and a Profit After Tax (PAT) of Rs 286.72 lakhs, up from Rs 68.93 lakhs YoY. The substantial YoY PAT growth was driven by lower total expenses, which fell 99% YoY to Rs 12.70 lakhs. QoQ, PAT decreased 41% from Rs 493.26 lakhs. The company’s Board approved these unaudited results for the quarter ended 30th Jun'26 on 14th Aug'26. Basic EPS stood at Rs 0.32 for the quarter.
unaudited financial results for 30.06.2026
Outcome · 14 Aug 2026, 10:53 pm
Banas Finance Reports Strong Q1'27 Profit After Tax For Q1'27 ended 30th Jun'26, Banas Finance reported standalone PAT of ₹286.72 Lakhs, a 316% YoY increase from ₹68.93 Lakhs. Total income decreased 72% YoY to ₹299.41 Lakhs. On a consolidated basis, PAT stood at ₹366.27 Lakhs versus ₹92.88 Lakhs YoY, while total consolidated income fell 72% YoY to ₹299.41 Lakhs. The Board approved the financial results and appointed M/s. Jay Bhatt and Associates as the Secretarial Auditor for FY 2025-26. The company now operates solely in the Finance Activity segment.
Banas Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve To consider and approve the standalone ....
Intimation · 14 Aug 2026, 5:30 am
Banas Finance Board Meeting Scheduled for Q1 FY27 Results Banas Finance has scheduled a Board of Directors meeting on 14 Aug'26 to consider and approve the standalone and consolidated Un-Audited Financial Results for the first quarter ending 30 Jun'26. The agenda includes the approval of the Limited Review Report. The trading window for designated persons remains closed and will re-open 48 hours after the financial results are declared.
reply to exchange query
Others (Uncategorized) · 10 Jul 2026, 6:07 pm
Banas Finance Reports FY26 Results, Notes CFO Resignation and Auditor Report Revision Banas Finance reported consolidated results for the year ended 31 Mar'26, posting a profit before tax of Rs. 1,239.85 lakh, a significant turnaround from the previous year's loss of Rs. 1,759.08 lakh. Total annual income increased to Rs. 5,949.67 lakh from Rs. 4,348.27 lakh YoY. For Q4 FY26, the company recorded a profit before tax of Rs. 1,060.43 lakh. Additionally, the company noted the resignation of CFO Mr. Amit Mehta, effective 31 Mar'26, and submitted a revised auditor's report to correct a formatting discrepancy.
reply to exchange query
Others (Uncategorized) · 10 Jul 2026, 6:05 pm
Banas Finance Reports FY26 Results, Revises Auditor Report on Formatting Grounds Banas Finance reported consolidated results for FY ended 31-Mar'26, posting a total profit of Rs. 662.53 lakhs versus a loss of Rs. 598.37 lakhs YoY. Total income grew to Rs. 5,949.67 lakhs from Rs. 4,348.27 lakhs. Consolidated EPS stood at Rs. 1.264 compared to Rs. 0.032 YoY. The company resubmitted its Auditor's Report on 09-Jul'26 to rectify a formatting discrepancy noted by the BSE, confirming no changes to the financial results. The firm also announced the resignation of its CFO, Amit Mehta, effective 31-Mar'26.
appointment of cfo
Others (Uncategorized) · 29 Jun 2026, 6:58 pm
Banas Finance Appoints Praveen Jangid as New Chief Financial Officer Banas Finance Limited (BSE: 509053) announced the appointment of Mr. Praveen Jangid as its new Chief Financial Officer (CFO), effective 29 Jun'26. The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. Mr. Jangid is a finance professional with nearly 10 years of experience in financial reporting, budgeting, taxation, and internal controls. His expertise is expected to enhance the company's financial functions, governance, and support its long-term growth strategy.
board meeting outcome for appointment of cfo
Others (Uncategorized) · 29 Jun 2026, 6:54 pm
Banas Finance Appoints Praveen Jangid as New Chief Financial Officer Banas Finance Limited has appointed Mr. Praveen Jangid as its new Chief Financial Officer, effective 29 Jun'26. The appointment was approved by the Board of Directors upon the recommendation of the Nomination and Remuneration Committee. Mr. Jangid brings almost 10 years of experience in financial reporting, taxation, budgeting, and internal controls. The company expects his expertise to enhance its financial functions, governance standards, and support its long-term growth strategy. The appointment complies with the Companies Act, 2013, and SEBI Listing Regulations.
resignation
Change in Auditor · 12 Jun 2026, 10:26 pm
Banas Finance Secretarial Auditor Resigns Effective Immediately Banas Finance (Scrip: 509053) announced the resignation of its Secretarial Auditor, M/s HRU & Associates, effective 12th Jun'26. The auditor cited "other pre-occupations in other assignments" and "current situation and other personal reason" for the departure. The company confirmed there were no concerns raised by the auditor regarding its management nor any other material reasons for the resignation. The Audit Committee and Board will appoint a new secretarial auditor in due course.
We are hereby submitting the take a note of Resignation of CFO w.e.f. 31/03/2026
Change in Management · 28 May 2026, 4:22 am
Banas Finance Q4FY26 Results: Profit Turnaround and CFO Resignation Banas Finance reported a standalone profit after tax of Rs 493.26 lakhs for Q4FY26, a significant turnaround from a loss of Rs 122.33 lakhs in Q3FY26 and a profit of Rs 698.22 lakhs in Q4FY25. For the full year FY26, net profit stood at Rs 662.53 lakhs versus a loss of Rs 598.37 lakhs in FY25. The Board approved the audited financial results on 27 May'26 and also noted the resignation of CFO Amit Mehta, effective from 31 Mar'26.
Financial Results for quarter and year ended 31st March, 2026
Financial Result · 28 May 2026, 4:04 am
Banas Finance Reports Q4FY26 PAT of ₹493.26 Lakhs Banas Finance reported a standalone profit after tax of ₹493.26 lakhs for Q4FY26, reversing a loss of ₹122.33 lakhs in Q3FY26 and against a profit of ₹698.22 lakhs in Q4FY25. Total income for the quarter stood at ₹2,101.75 lakhs, up 35.2% QoQ. For the full year FY26, PAT was ₹662.53 lakhs compared to a loss of ₹598.37 lakhs in FY25, while total income grew 36.8% YoY to ₹5,949.67 lakhs. The Board approved the results on 27th May'26. Basic EPS for Q4FY26 was ₹0.551.
We are herby submitting the outcome of Board Meeting held on 27th May, 2026
Outcome · 28 May 2026, 3:52 am
Banas Finance Q4FY26 Results Approved, Reports CFO Resignation Banas Finance board approved audited standalone and consolidated results for Q4 and FY ended 31st Mar'26. On a standalone basis, Q4FY26 Profit After Tax was ₹493.26 lakhs versus a loss of ₹122.33 lakhs QoQ. For FY26, PAT stood at ₹662.53 lakhs against a loss of ₹598.37 lakhs YoY. The board also noted the resignation of CFO Mr. Amit Mehta, effective 31st Mar'26. The meeting on 27th May'26 concluded with the approval of the auditor's report with an unmodified opinion.
Banas Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve Financial Results and auditor ....
Intimation · 27 May 2026, 5:30 am
Banas Finance Board Meeting Scheduled for Financial Results Banas Finance Limited has scheduled a Board of Directors meeting for 27th May'26. The primary agenda is to consider and approve the Audited Standalone and Consolidated Financial Results for the fourth quarter and full financial year ended 31st Mar'26. The meeting will also review the Statutory Auditor's Report for the same period. The trading window for designated persons remains closed and will re-open 48 hours after the results are declared.
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Others (Uncategorized) · 29 Apr 2026, 1:05 am
Banas Finance Confirms Non-Large Corporate Status for FY26 Banas Finance Limited has informed exchanges that it does not meet the criteria to be classified as a "Large Corporate" for the financial year ended 31st Mar'26, as per SEBI regulations. This exempts the company from mandatory bond issuance requirements. The filing on 28th Apr'26 also disclosed its outstanding long-term borrowing stood at ₹0.58 crores as of 31st Mar'26. Consequently, the company does not have a credit rating and is not subject to the associated framework.