Asgard Alcobev accepted the resignation of Mrs. Ritika Agarwal as its Secretarial Auditor effective August 21, 2026. The company disclosed the change to BSE Limited in compliance with regulatory norms.

Mrs. Agarwal, a Practicing Company Secretary, tendered her resignation for the Financial Year 2025-2026. She cited personal reasons for stepping down from the role.

Regulatory Compliance

The intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also referenced Part A of Schedule III to these regulations.

Additionally, the company adhered to SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated January 30, 2026. Mrs. Agarwal is no longer associated with Asgard Alcobev as Secretarial Auditor.

Key Details

The Board of Directors is required to note the resignation and undertake necessary compliance procedures under the Companies Act, 2013.

Promoter Ronak Jain has pledged 50,00,000 equity shares of Asgard Alcobev Limited , increasing his total encumbered holdings to 8.02% of the total share capital. The shares were pledged on July 1, 2026, in favor of International Financial Services Ltd. This transaction raises the total number of encumbered shares held by Jain to 2,50,00,000.

The disclosure was submitted to BSE Limited on July 3, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, Jain had 2,00,00,000 shares encumbered, representing 6.42% of the total share capital. The latest pledge of 50,00,000 shares adds 1.60% to the encumbered portion.

Shareholding Details

The filing outlines Jain's current and post-transaction shareholding details. Jain holds a total of 11,89,73,483 shares, which constitutes 38.19% of the company's paid-up share capital. The creation of the pledge is a specific encumbrance event that impacts the liquidity status of these shares but does not alter his total ownership percentage.

The disclosure confirms that other promoters, including Sarita Jain, Priyanka Jain, and K K Impex & Trading Private Limited, have no encumbrances on their respective holdings. The company, formerly known as Banganga Paper Industries Limited, facilitated the disclosure to the exchange through its director, Binit Singhania.