Banaras Beads Limited — Others, 29-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

Banaras Beads Limited has confirmed it has not raised any funds since 1995, resulting in no deviation in fund utilization for the quarter and year ended March 2025. The Audit Committee and auditors have reviewed and acknowledged the absence of any fund-raising activity or related changes. This assures shareholders that the company’s capital structure and deployment remain stable with no recent financial adjustments.