Banaras Beads Limited announced that on the recommendation of Nomination and Remuneration Committee Mr. Anil Kumar Gupta, CA Sushil Kumar Kandoi and Mr. Manan Kumar Sah have been appointed by board as Independent Director, effective January 17, 2020 for five years, subject to the approval of the shareholders. The company also announced re-constitution of below Committees, effective January 17, 2020. Audit Committee: Chairman- CA Sushil Kumar Kandoil; Members- Anil Kumar Gupta and Manan Kumar Sah. Nomination and Remuneration Committee: Chairman- Mr. Manan Kumar Sah; Members- CA Sushil Kumar Kandoil and Anil Kumar Gupta. Stake Holders Relationship Grievance and Share Transfer: Chairman- Mr. Anil Kumar Gupta; Members- Mr. Ashok Kumar Gupta, CA Sushil Kumar Kandoil and Mr. Manan Kumar Sah. Risk Management- Chairman- Shri Siddharth Gupta; Members- Shri Ashok Kumar Gupta, CA Sushil Kumar Kandoil and Anil Kumar Gupta. Corporate Social Responsibility-Chairman- CA Sushil Kumar Kandoil; Members- Mr. Ashok Kumar Gupta, Mr. Anil Kumar Gupta, Mr. Manan Kumar Sah and Smt. Shalini Chandra.