BANARAS BEADS LIMITED

Material Risks

AI Risk Summary

**Financial Risk Summary – Banaras Beads Limited** Banaras Beads faces material EPR (Extended Producer Responsibility) exposure (6.5/10 risk score) as a glass beads manufacturer under India's plastic waste and e-waste rules, with insufficient data on applicable product categories and compliance costs—a gap that exposes the company to unquantified liability. GHG and water intensity risks (5.0/10 each) remain unpriced due to missing Scope 1 and 2 emissions data, but at Indian carbon credit benchmarks of ₹600–900/tonne CO2e, undisclosed emissions could translate to material future compliance costs if carbon pricing mechanisms tighten. SEBI BRSR disclosure gaps—particularly absent revenue figures, zero reported emissions data, and unknown EPR applicability—create near-term regulatory risk of non-compliance penalties and enforcement action if the company falls under mandatory BRSR filing requirements. Immediate priorities: quantify emissions baseline, clarify EPR obligations under applicable waste rules, and establish robust ESG data infrastructure to avoid compliance costs and reputational damage.

Source: BANARAS BEADS LIMITED BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.