SUBSIDIARIES & BRAND RELATIONSHIP TERMS

These Subsidiaries & Brand Relationship Terms (“Terms”) outline the legal and operational relationship between Bani Global Industries LLP (“Company”, “We”, “Us”, “Our”) and the various brands, business verticals, service units, and operational divisions functioning under the Bani Global group structure.

The objective of this document is to establish transparency, prevent misrepresentation, and clearly define governance boundaries for all business entities associated with Bani Global Industries LLP.

Bani Global Industries LLP is formerly known as Bani Loungewear LLP. The updated LLP name reflects the Company’s broadened corporate mandate and diversified business interests beyond loungewear.

All brands, divisions, and units referenced herein operate under the exclusive ownership, management, and governance of Bani Global Industries LLP.

Bani Global Industries LLP owns and governs multiple business verticals and corporate brands, including but not limited to:

3.1 Laddynest (Luxury Nightwear & Loungewear Brand)

• A flagship consumer-facing brand specializing in premium nightwear and loungewear for women.
• Operates as a brand under Bani Global Industries LLP.
• Carries legacy association from the Company's former LLP name.
• All manufacturing, marketing, customer care, logistics, and commercial operations remain governed by the Company.

3.2 Corporate Travel & Hospitality Division

• Handles travel management, itinerary planning, and potential hospitality operations under the corporate umbrella.
• All processes are governed through central policies and compliance protocols.

3.3 Technology & Digital Platforms

• Covers internal IT systems, APIs, platforms, websites, mobile applications, and tech-based services.
• All intellectual property and digital assets are owned by the Company.

3.4 B2B, Vendor, and Procurement Ecosystems

• Managed under central procurement policies headed by the Chief Procurement Officer.
• Vendor onboarding, compliance, contracts, and payment terms are solely governed by Bani Global Industries LLP.

3.5 Logistics & Operational Service Units

• Include warehousing, distribution, transport, and corporate logistics operations.
• All operational processes follow Company SOPs, risk protocols, and compliance guidelines.

The above list is not exhaustive and may expand based on the Company’s future business strategy.

4.1 Brands Are Not Separate Legal Entities

Unless expressly stated otherwise in formal filings:

• All brands, trade names, and sub-domains listed on this Website are not independent companies or LLPs.
• They operate strictly as business units, trade names, or product/service lines under Bani Global Industries LLP.

4.2 No Brand Has Independent Legal Capacity

Brands cannot:

• Enter contracts independently
• Receive payments in their own name (without Company authorization)
• Issue legal notices, invoices, or statutory filings independently

All legal engagements are undertaken solely by Bani Global Industries LLP, unless specifically delegated.

5.1 All Contracts Are with Bani Global Industries LLP

All commercial agreements, supply contracts, vendor onboarding forms, purchase orders (POs), and partnership documents are executed exclusively in the name of:

“Bani Global Industries LLP”

Any reference to a brand or business unit within such documents is purely descriptive and does not confer legal personhood.

5.2 Internal Delegation of Authority

Where operational responsibilities are delegated to specific divisions, such delegation:

• Is internal
• Does not create a separate corporate identity
• Remains bound by Company policies and risk protocols

All trademarks, brand names, copyrighted content, logos, product designs, digital assets, and proprietary systems associated with any Bani Global brand or subsidiary are the exclusive property of the Company.

Unauthorized reproduction or misuse is strictly prohibited.

7.1 Public Communication

Brands or divisions may communicate externally only through:

• Authorized Company representatives
• Company-approved email domains (e.g., @baniglobal.in, legacy @baniloungewear.com while active)
• Approved social media handles

7.2 No Agency Relationship

No brand or division may represent itself as:

• A separate legal company
• A subsidiary with independent operation
• A legally autonomous unit

All tax registrations, statutory filings, invoicing, and accounting activities are performed under:

Bani Global Industries LLP
LLPIN: ACI-6373

Brand names may appear for descriptive or operational clarity but do not constitute separate compliance filings.

The Company does not assume responsibility for any commitments, representations, or agreements made by brand-level or division-level personnel unless:

• Approved by authorized signatories
• Supported by Company-issued documentation
• Made through official communication channels

The Company may modify these Terms based on:

• Corporate restructuring
• Launch of new business verticals
• Regulatory developments
• Strategic realignment

Revised versions will be published on the Website and become effective upon posting.

For clarifications regarding brand governance or corporate relationships, contact:

Legal Department
Bani Global Industries LLP
Email: legalteam@baniglobal.in

Registered Office:
203, A/3, Kundan Mansion, Turkman Gate,
Asaf Ali Road, Central Delhi – 110002