The sales for the September 2017 quarter moved down -61.42% to Rs. 12.25 millions as compared to Rs. 31.75 millions during the year ago period.The Total Profit for the quarter ended September 2017 of Rs. 29.45 millions grew from Rs.-19.33 millions Operating profit Margin for the quarter ended September 2017 improved to 29.45% as compared to -10.50% of corresponding quarter ended September 2016 (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 12.25 31.75 -61.42 13.61 47.32 -71.24 95.39 80.85 17.98 Other Income 0.04 0.00 0.00 0.05 0.00 0.00 0.25 0.08 212.50 PBIDT 29.45 -10.50 -380.48 34.25 -5.97 -673.70 -33.13 -21.60 53.38 Interest 0.00 8.83 0.00 0.02 11.60 -99.83 18.26 10.06 81.51 PBDT 29.45 -19.33 -252.35 34.23 -17.57 -294.82 -51.39 -31.66 62.32 Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBT 29.45 -19.33 -252.35 34.23 -17.57 -294.82 -51.39 -31.66 62.32 TAX 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 1.32 -100.76 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.03 0.00 0.00 PAT 29.45 -19.33 -252.35 34.23 -17.57 -294.82 -51.38 -32.98 55.79 Equity 113.76 113.76 0.00 113.76 113.76 0.00 113.76 113.76 0.00 PBIDTM(%) 240.41 -33.07 -826.95 251.65 -12.62 -2094.68 -34.73 -26.72 30.00

The Sales for the quarter ended June 2017 of Rs. 1.36 million declined by -91.27% from Rs. 15.57 millions.The Total revenue for the quarter ended June 2017 of  Rs. 4.78  millions  grew by 171.59% from Rs. 1.76 millions.Operating profit for the quarter ended June 2017 rose to 4.80 millions as compared to 4.53 millions of corresponding quarter ended June 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201706 201606 % Var 201706 201606 % Var 201703 201603 % Var Sales 1.36 15.57 -91.27 1.36 15.57 -91.27 95.39 80.85 17.98 Other Income 0.01 0.00 0.00 0.01 0.00 0.00 0.25 0.08 212.50 PBIDT 4.80 4.53 5.96 4.80 4.53 5.96 -33.13 -21.60 53.38 Interest 0.02 2.77 -99.28 0.02 2.77 -99.28 18.26 10.06 81.51 PBDT 4.78 1.76 171.59 4.78 1.76 171.59 -51.39 -31.66 62.32 Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBT 4.78 1.76 171.59 4.78 1.76 171.59 -51.39 -31.66 62.32 TAX 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 1.32 -100.76 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.03 0.00 0.00 PAT 4.78 1.76 171.59 4.78 1.76 171.59 -51.38 -32.98 55.79 Equity 0.00 113.76 0.00 0.00 113.76 0.00 113.76 113.76 0.00 PBIDTM(%) 352.94 29.09 1113.09 352.94 29.09 1113.09 -34.73 -26.72 30.00

Banas Finance has informed about Authorised Key Managerial Personnel to determine materiality of events/information.The above information is a part of company’s filings submitted to BSE.

Banas Finance has submitted a copy of Newspaper Cuttings for Postal Ballot Result.The above information is a part of company’s filings submitted to BSE.

Banas Finance has informed that the meeting of the Board of Directors of the Company will be held on December 30, 2016, to appoint Suresh Kharat as a CFO and Director of the Company; to appoint Manish Raul and Aarti Gavnang as an Additional Directors of the Company in the category of Non Executive Independent Director; and to accept the resignation of Ashwin Shah, Director of the Company.The above information is a part of company’s filings submitted to BSE.

Banas Finance has informed that a meeting of the Board of Directors of the Company will be held on December 30, 2016.The above information is a part of company’s filings submitted to BSE.

Banas Finance has informed that a meeting of the Board of Directors of the Company will be held on October 14, 2016, to consider and accept the resignation of Swati Shinde from the post of Director of the Company, to appoint Tanu Giriraj Agarwal as Director of the Company, and confirmation of Minutes of the last board and committee meetings. Further, pursuant to the provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and as per the terms of ‘Code of Conduct for Prevention of Insider Trading’ of the Company, the Trading Window shall remain closed from October 05, 2016 to October 16, 2016 for Directors and Designated Employees as defined in the Code.The above information is a part of company’s filings submitted to BSE.

Banas Finance has informed that the Board of Directors of the Company at its meeting held on May 30, 2016, has discussed and approved the appointment of Shaan Amit Gulecha as an Executive Director of the Company, who will hold office up to the next Annual General Meeting of the Company; the Board did not approved the appointment of Shaan Amit Gulecha as CFO of the Company; appointment of Hardikkumar Bharatbhai Kabariya as an Additional Director of the Company Linder Independent Non- Executive Category, who will hold office up to the next Annual General Meeting of the Company; and took the note on Compliance done as per LODR, Regulation 2015 for the quarter ended March 31, 2016.The above information is a part of company’s filings submitted to BSE.

Banas Finance has informed that the Board of Directors of the Company has appointed Girraj Kishor Agrawal, Director of the Company as the Compliance Officer of the Company in place Prajna Naik as she is no longer associated with the Company.The above information is a part of company’s filings submitted to BSE.

Banas Finance has informed that the Board of Directors of the Company at its meeting held on March 22, 2016, has approved the resignation of Prajna Naik from the post of Company Secretary of the Company.The above information is a part of company’s filings submitted to BSE.

Banas Finance has informed that the Board of Directors of the Company at its meeting held on February 10, 2016, has approved the resignation of Girraj Kishor Agrawal from the post of Chief Financial Officer and execution of Listing Agreement with BSE as per LODR Regulations, 2015 and authorizing Prajna Naik, Company Secretary of the Company to sign the said agreement.The above information is a part of company’s filings submitted to BSE.

Banas Finance has informed about Standalone Financial Results and Standalone Limited Review for the period ended December 31, 2015.The above information is a part of company’s filings submitted to BSE.