Ganga Papers India Limited Files Annual SEBI Disclosure for FY26 Confirming No Share Encumbrance

1 min read     Updated on 07 Apr 2026, 12:30 AM
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Ganga Papers India Limited filed its annual SEBI disclosure for FY26 on April 06, 2026, confirming that promoters and persons acting in concert made no encumbrance over their shares during the financial year ended March 31, 2026. The declaration was signed by promoter and CFO Amit Ramesh Chaudhary on behalf of the five-member promoter group, which includes two individual promoters and three promoter group entities. The company maintains compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

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Ganga Papers India Limited has filed its mandatory annual disclosure with the Bombay Stock Exchange, confirming compliance with SEBI regulations regarding promoter shareholding for the financial year ended March 31, 2026.

Annual SEBI Compliance Declaration

The company submitted its annual disclosure under Regulation 31(4) & 31(5) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 06, 2026. The declaration was signed by Amit Ramesh Chaudhary, who serves as both promoter and Chief Financial Officer of the company.

Parameter Details
Filing Date April 06, 2026
Financial Year Ended March 31, 2026
Regulation SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Declaration Status No encumbrance on promoter shares

Key Declaration Details

The disclosure confirms that promoters and persons acting in concert (PAC) have not made any encumbrance over the shares held by them, directly or indirectly, during the financial year 2025-26. This declaration was made by Amit Ramesh Chaudhary on behalf of himself and other promoters of the target company.

The company secretary CS Yash Mishra (Membership No.: A73746) facilitated the submission process and confirmed that the annual disclosure was also submitted to BSE via email at corp.relations@bseindia.com .

Promoter Group Structure

The company's promoter group comprises five entities across different categories:

Sr. No. Name Category PAN
1 Mr. Amit Ramesh Chaudhary Promoter AEFPC7078H
2 Mr. Sandeep Kanoria Promoter ABXPK3877H
3 Mr. Sanjay Kanoria Promoter Group ABXPK3879K
4 Ganga Pulp and Papers Private Limited Promoter Group AABCG4521C
5 RAS Polytex Private Limited Promoter Group AABCR5253Q

Company Information

Ganga Papers India Limited operates under CIN: L21012MH1985PTC035575 and is listed on BSE with scrip code 531813 and scrip ID GANGAPA. The company's registered address is located at 241, Village Bebedohal, Tal. Maval, Pune, Maharashtra, India, 410506.

This annual disclosure represents a routine compliance requirement under SEBI regulations, ensuring transparency in promoter shareholding patterns and confirming the absence of any encumbrances on promoter holdings during the specified financial year.

Historical Stock Returns for Ganga Papers

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

Will Ganga Papers India Limited consider any strategic partnerships or acquisitions that could alter its current promoter shareholding structure?

How might the paper industry's evolving sustainability requirements impact Ganga Papers' future capital allocation and promoter investment strategies?

Could the company's clean promoter shareholding status make it an attractive target for potential investors or merger opportunities in 2026-27?

Ganga Papers India Limited Board Meeting: Chairperson Change and Director Resignation

3 min read     Updated on 21 Mar 2026, 05:07 PM
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Ganga Papers India Limited filed a revised regulatory disclosure with BSE Limited regarding significant board changes effective March 20, 2026. The company appointed Mr. Manish Kumar as new Chairperson, replacing Mr. Ramesh Kumar Chaudhary who stepped down due to professional commitments, while Mr. Ratan Kumar Singh resigned as Independent Director citing health reasons.

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Ganga Papers India Limited announced significant leadership changes through its revised regulatory filing to BSE Limited on March 21, 2026. The company disclosed key appointments and resignations that took effect on March 20, 2026, following decisions made at the Board of Directors meeting held on the same date.

Revised Regulatory Filing and Compliance

The company submitted a revised disclosure following an email from BSE Limited dated March 21, 2026, highlighting that the initial disclosure regarding resignation of Independent Director did not contain the required details of listed entities in which the resigning director holds directorships. The revised filing confirms that the resigning director does not hold directorship in any other listed entity, in compliance with SEBI Circular dated November 11, 2024.

Filing Information: Details
Original Filing Date: March 20, 2026
Revised Filing Date: March 21, 2026
BSE Acknowledgement No: 12461376
Compliance Requirement: SEBI Circular dated November 11, 2024
Board Meeting Time: 03:30 P.M. to 04:00 P.M.

Chairperson Transition and New Appointment

The board approved a change in the company's chairperson position effective March 20, 2026. Mr. Ramesh Kumar Chaudhary relinquished his position as Chairperson due to pre-occupation and increasing professional commitments, while continuing to serve as a Non-Executive & Non-Independent Director.

Chairperson Changes: Details
Outgoing Chairperson: Mr. Ramesh Kumar Chaudhary (DIN: 00080136)
New Chairperson: Mr. Manish Kumar (DIN: 10379153)
Effective Date: March 20, 2026
Reason for Change: Pre-occupation and professional commitments
Board Meeting Date: Friday, March 20, 2026

Mr. Manish Kumar, aged 46 years, was appointed as the new Chairperson. He brings substantial experience with more than 19 years in marketing and holds a BA LL.B. degree from Jai Prakash University, Chapra, Bihar. He serves as a Non-Executive and Non-Independent Director and is classified as a Non-Promoter Director.

Independent Director Resignation

Mr. Ratan Kumar Singh resigned from his position as Independent Director effective March 20, 2026, citing health reasons. The company confirmed through his resignation letter dated March 15, 2026, that there are no other material reasons for his resignation beyond those stated. The revised filing specifically confirms that Mr. Ratan Kumar Singh does not hold directorship in any other listed entity.

Resignation Details: Information
Director Name: Mr. Ratan Kumar Singh (DIN: 07131585)
Position: Independent Director
Resignation Date: March 20, 2026
Letter Date: March 15, 2026
Reason: Health reasons
Other Listed Directorships: None

Regulatory Compliance and Documentation

The changes were made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive disclosures including formal consent from Mr. Manish Kumar dated March 17, 2026, accepting the chairperson position, and intimation from Mr. Ramesh Kumar Chaudhary dated March 16, 2026, regarding relinquishment of his chairperson role.

Filing Details: Information
Filing Date: March 21, 2026 (Revised)
BSE Scrip Code: 531813
Scrip ID: GANGAPA
Company Secretary: CS Yash Mishra (Membership No.: A73746)
CIN: L21012MH1985PTC035575
Website: www.gangapapers.com

The filing includes detailed annexures covering resignation details, cessation of chairperson position, and appointment of new chairperson with complete biographical information and relationship disclosures. The information has been made available on the company's website and communicated to BSE Limited with all required supporting documents as mandated under SEBI regulations.

Historical Stock Returns for Ganga Papers

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

How will the new chairperson's 19-year marketing background influence Ganga Papers' strategic direction and market positioning?

What impact might the departure of an independent director have on the company's board composition and governance oversight?

Will Ganga Papers need to recruit additional independent directors to maintain optimal board independence ratios?

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1 Year Returns:-100.00%