Banka BioLoo Limited — Regulatory Filings 2023

May 29, 2023

Registered Office: A-109 Express Apartments, Lakdi ka Pool, Hyderabad - 500004 Corporate Office: 5th floor, Prestige Phoenix, 1405, Uma Nagar, Begumpet, Hyderabad - 500016 +91 40 29801495 • info@bankabio.com • www.bankabio.com • CIN: L90001TG2012PLC082811

29 May 2023

To National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (East) Mumbai - 400051

Symbol: BANKA

Dear Sir/Madam,

Subject: Submission of Annual Secretarial Compliance Report of "Banka BioLoo Limited" (the Company) for the financial year ended 31 March 2023

Reference: SEBI CIR/CFD/CMD1/27/2019, dated 8 February 2019

With reference to the above subject matter, please find enclosed herewith Annual Secretarial Compliance Report for the financial year ended 31 March 2023, issued by Mr. M. Ramana Reddy, Practicing Company Secretary, Hyderabad, the Secretarial Auditor of the Company.

This is for your information and record.

Yours truly,

For Banka BioLoo Limited

ARCHANA ARIGELA Digitally signed by ARCHANA ARIGELA Date: 2023.05.29 19:04:47 +05'30'

Archana Arigela Company Secretary & Compliance Officer Membership No. A65613

Encls. as above

P. S. Rao & Associates

Company Secretaries

Address: D.No. 6-3-347-22/2, Flat-10, 4th Floor, Iswarya Nilayam, Dwarakapuri Colony, Punjagutta, Hyderabad 500081, Telangana, Tele-Fax: 040-23352185/6

$To$ The Board of Directors BANKA BIOLOO LIMITED ("The Company") CIN: L90001TG2012PLC082811, Plot No. 11-4-651, Flat No. A 109 Express Apartment, Lakdi ka Pool, Hyderabad-500004, Telangana, India.

Sub: Annual Secretarial Compliance Report for the Financial Year 2022-23

Sir/Madam,

I M Ramana Reddy, P. S. Rao & Associates, Practicing Company Secretary have been engaged for issuing the Annual Secretarial Compliance Report of Banka BioLoo Limited, ("the Company"), a Listed entity Listed on the National Stock Exchange of India, for the Financial Year 2022-23, in terms of SEBI Regulation 24A (2) of Listing Obligations and Disclosure Requirements) 2015 read with SEBI Circular CIR/CFD/CMD1/27/2019 dated February 08, 2019.

It is the responsibility of the management of the company to maintain records, devise proper systems to ensure compliance with provisions of all applicable SEBI Regulations and circulars/ guidelines issued thereunder from time to time, and ensure that the systems are adequate and operating effectively. Command Command

Our responsibility is to verify compliances by the company with provisions of all applicable SEBI Regulations and circulars/guidelines issued thereunder from time to time and issue a report thereon.

Our Audit was conducted in accordance with the Guidance Note on the Annual Secretarial Compliance Report issued by the Institute of Company Secretaries of India and in a manner, which involved such examinations and verifications as considered necessary and adequate for the said purpose Annual Secretarial Compliance Report is enclosed.

For P. S. Rao and Associates Company Secretaries

$& As_s$

Hyderabad

DODINNO M Ramana Reddy Company Secretary CP No. 18415

Place: Hyderabad Date: 29.05.2023 UDIN: F011891E000412709 P.R. No.: 710/2020

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P. S. Rao & Associates

Company Secretaries

Address: D.No. 6-3-347-22/2, Flat-10, 4th Floor, Iswarya Nilayam, Dwarakapuri Colony, Punjagutta, Hyderabad 500081, Telangana, Tele-Fax: 040-23352185/6

Annual Secretarial Compliance Report of Banka BioLoo Limited ("the listed entity") for Financial Year Ended 31 March 2023

I, M. Ramana Reddy, Practicing Company Secretary, Hyderabad, have examined:

• (a) All the documents and records made available to us and explanation provided by Banka BioLoo Limited ("the listed entity");
• (b) the filings/ submissions made by the listed entity to the stock exchanges;
• (c) website of the listed entity;
• (d) any other document/ filing, as may be relevant, which has been relied upon to make this certification.

For the year ended on 31 March 2023 ("Review Period") in respect of compliance with the provisions of:

• a) the Securities and Exchange Board of India Act, 1992 ("SEBI Act") and the regulations, circulars, and guidelines issued thereunder; and
• b) the Securities Contracts (Regulation) Act, 1956 ("SCRA"), rules made thereunder and the regulations, circulars, and guidelines issued thereunder by the Securities and Exchange Board of India ("SEBI").

The specific regulations, whose provisions and the circulars/ guidelines issued thereunder, have been examined, include:

• a. Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015;
• b. Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018;
• c. Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;

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• d. Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018 (Not attracted during the year under review);
• e. Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 (Not attracted during the year under review);
• f. Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 (Not attracted during the year under review);
• g. Securities and Exchange Board of India (Issue and Listing of Non-Convertible and Redeemable Preference Shares) Regulations, 2013 (Not attracted during the year under review);
• h. Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;
• i. Other regulations as applicable and Circulars/ guidelines issued thereunder

We hereby report that, during the Review Period the compliance status of the listed entity is appended as below:

Sr. No.	Particulars ne been twee eith container on	Complia nce Status (Yes/No/ NA)	Observations /Remarks by PCS*
1.	Secretarial Standards: The compliances of the listed entity are in accordance with the applicable Secretarial Standards (SS) issued by the Institute of Company Secretaries India (ICSI), as notified by the Central Government under section 118(10) of the Companies Act, 2013, and are mandatorily applicable.	Yes
2.	Adoption and timely updation of the Policies: • All applicable policies under SEBI Regulations are adopted with the approval of the board of directors of thelisted entities • All the policies are in conformity with SEBI Regulations and have been reviewed & updated on time, as per the regulations/circulars/guidelines issued by SEBI	Yes Yes
3.	Maintenance and disclosures on the Website: • The Listed entity is maintaining a functional website	Yes

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	documents/ dissemination of the • Timely	Yes
	informationunder a separate section on the website
	• Web links provided in annual corporate governance	Yes
	reports under Regulation 27(2) are accurate and
	specific which re-directs to the relevant document(s)/
	section of the website
4.	Disqualification of Director:
	None of the Directors (s) of the Company is/ are	Yes
	disqualified under Section 164 of the Companies Act,
	2013as confirmed by the listed entity.
5.	Details related to Subsidiaries of listed entities have
	been examined w.r.t.:
	(a) Identification of material subsidiary companies	Yes
	(b) Disclosure requirement of material as well as
	other subsidiaries	Yes
6.	Preservation of Documents:
	The listed entity is preserving and maintaining records	Yes
	as prescribed under SEBI Regulations and disposal of
	records as per the Policy of Preservation of
	Documents and Archival policy prescribed under SEBI
	LODR Regulations, 2015.
7.	Performance Evaluation:
	The listed entity has conducted a performance	Yes
	evaluation of the Board, Independent Directors, and the
	Committees at the start of every financial year/during
	the financial year as prescribed in SEBI Regulations.
8.	Related Party Transactions:		During the
	(a) The listed entity has obtained prior approval of the	Yes	financial year
	AuditCommittee for all related party transactions;		2022-2023, listed
	or		entity has obtained
	(b) The listed entity has provided detailed reasons	Yes	prior approval
	whether with confirmation the along		from the Audit
	subsequently transactions were		Committee for all
	approved/ratified/rejected the Audit by		related party
	Committee, in case no prior approval has been		transactions.
	obtained.

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9. 10.	Disclosure of events or information: The listed entity has provided all the required disclosure(s) under Regulation 30 along with Schedule III of SEBI LODR Regulations, 2015 within the time limits prescribed thereunder. Prohibition of Insider Trading: The listed entity is in compliance with Regulation 3(5) & 3(6) SEBI (Prohibition of Insider Trading) Regulations, 2015.	Yes $\leq$ Yes
11.	Actions taken by SEBI or Stock Exchange(s), if any: No action(s) has been taken against the listed entity/ its promoters/ directors/ subsidiaries either by SEBI or by Stock Exchanges (including under the Standard Operating Procedures issued by SEBI through various circulars) under SEBI Regulations and circulars/ guidelines issued thereunder except as provided under separate paragraph herein (**).	NA	No action(s) has been taken against the listed entity/its promoters/ directors/ subsidiaries either by SEBIor by Stock Exchanges under SEBI Regulations and circulars/ guidelines issued thereunder.
12.	Additional Non-compliances, if any: No additional non-compliance was observed for any SEBIregulation/circular/guidance note etc.	NA

Compliances related to the resignation of statutory auditors from listed entities and their material subsidiaries as per SEBI Circular CIR/CFD/CMD1/114/2019 dated 18^th October $2019:$

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Sr.	Particular	Complian	Observations
No.	S	ce Status (Yes/No/ NA)	/Remarks by PCS*
1.	Compliances with the following conditions while appointing/re-appointing an
	auditor
	i. If the auditor has resigned within 45 days
	from the end of a quarter of a financial year,	NA	No event has
	the auditor before such resignation, has		occurred for the
	issued the limited review/ audit report for		resignation of the
	such quarter; or		auditor and hence, the
	ii. If the auditor has resigned after 45 days	NA	existing auditor has duly signed the
	from theend of a quarter of a financial year, the auditor before such resignation, has		limited review/ audit
	issued the limited review/ audit report for		report for all four
	such quarter as well as the next quarter; or		quarters as well as the
	iii. If the auditor has signed the limited		reporting financial
	review/ audit report for the first three	NA	year.
	quarters of a financial year, the auditor
	before such resignation, has issued the
	limited review/ audit report for the last
	quarter of such financial year as well as the
	auditreport for such financial year.
2.	Other conditions relating to the resignation of the statutory auditor
	Reporting of concerns by the Auditor with i.
	respect to the listed entity/its material
	subsidiary to the AuditCommittee:
	In case of any concern with the a.	NA	No concerns were
	management of the listed entity/material		raised by the existing
	subsidiary such as non-availability of		statutory auditor to
	information / non-cooperation by the		the audit committee
	management which has hampered the		of the listed entity.
	audit process, the auditor has approached
	the Chairman of the Audit Committee of
	the listed entity and the Audit Committee shall receive such concern directly and
	immediately without specifically waiting

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	forthe quarterly Audit Committee
	meetings.
	b. In case the auditor proposes to resign, all
	concerns with respect to the proposed NA		No event for the
	resignation, along with relevant documents		resignation of the
	have been brought to the notice of the		auditor has taken
	Audit Committee. In cases where the		place.
	proposed resignation is due to non-receipt
	information/explanation from the of
	company, the auditor has informed the
	Audit Committee of the details of the
	information / explanation sought and not
	provided by the management, as
	applicable.
	c. The Audit Committee / Board of Directors, NA		As there was no event
	as the case may be, deliberated on the		for resignation of the
	matter on receipt of such information from		auditor has been
	the auditor relating to the proposal to resign		taken place, no
	as mentioned above and communicate its		information was
	views to the management and the auditor.		required to be
			received and
			communicated.
3.	The listed entity / its material subsidiary has	NA	No event for the
	obtained information from the Auditor upon		resignation of the
	resignation, in the format as specified in Annexure-		auditor has taken
	A in SEBI Circular CIR/CFD/CMD1/114/2019		place.
	dated 18 th October 2019.

The Additional disclosures of the Annual Secretarial Compliance Report as below:-

(a) (**) The listed entity has complied with the provisions of the above Regulations and circulars/ guidelinesissued thereunder, except in respect of matters specified below:

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Sr.	Compliance Regulati Deviati				Action Type of Details		Fin	Observatio	Mana	$Re-$
No.	Requirement on/		lons	Taken	Action	of	e	ns/	gemen	mark
	(Regulations/ Circular			by		Violatio	Amo	Remarks of	t	S
	circulars/	No.				$\mathbf n$	unt	the	Respo
	guidelines							Practicing	nse
	including							Company
	specific							Secretary
	clauses)
					NIL

(b) The listed entity has taken the following actions to comply with the observations made in previous reports:

Sr.	$Com-$	Regu-	Deviati	Actio	Type	Details	Fine	Obser-	Mana	Re-
No.	pliance	lation/	ons	n	of	of	Amou	vations/	ge-	mark
	Require-	Circula		Take	Action	Violatio	nt	Remarks	ment	S
	ment (Regu-	rNo.		nby		n		of the	Respo
	lations/							Practicing	nse
	circulars/							Company
	guidelines							Secretary
	including
	specific
	clauses)
					NIL

For P. S. Rao and Associates Company Secretaries

20 & Ass $\frac{a}{\pm}$ Hyderabad any Se

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M Ramana Reddy Partner FCS No.:11891 CP No. 18415 UDIN: F011891E000412709 P.R. No.: 710/2020

Place: Hyderabad Date: 29.05.2023

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