Although Automatic Speech Recognition (ASR) in Bengali has seen significant progress, processing long-duration audio and performing robust speaker diarization remain critical research gaps. To address the severe scarcity of joint ASR and diarization resources for this language, we introduce Lipi-Ghor-882, a comprehensive 882-hour multi-speaker Bengali dataset. In this paper, detailing our submission to the DL Sprint 4.0 competition, we systematically evaluate various architectures and approaches for long-form Bengali speech. For ASR, we demonstrate that raw data scaling is ineffective; instead, targeted fine-tuning utilizing perfectly aligned annotations paired with synthetic acoustic degradation (noise and reverberation) emerges as the singular most effective approach. Conversely, for speaker diarization, we observed that global open-source state-of-the-art models (such as Diarizen) performed surprisingly poorly on this complex dataset. Extensive model retraining yielded negligible improvements; instead, strategic, heuristic post-processing of baseline model outputs proved to be the primary driver for increasing accuracy. Ultimately, this work outlines a highly optimized dual pipeline achieving a $\sim$0.019 Real-Time Factor (RTF), establishing a practical, empirically backed benchmark for low-resource, long-form speech processing.