Banganga paper industries Limited has formally notified BSE Limited about its upcoming board meeting scheduled to review quarterly financial performance. The company, formerly known as Inertia Steel Limited, continues its regulatory compliance with timely disclosure of corporate developments.

Board Meeting Details

The board of directors will convene on February 12, 2026, at the company's registered office located in Nashik, Maharashtra. The meeting has been scheduled for 04:00 P.M. (IST) to ensure adequate time for comprehensive review of financial matters.

Financial Results Review

The primary agenda focuses on consideration and approval of unaudited financial results for the third quarter ended December 31, 2025. This quarterly review represents a critical milestone in the company's financial reporting cycle, providing stakeholders with insights into operational performance during the period.

The board will also address other incidental and ancillary matters as deemed necessary during the proceedings. This comprehensive approach ensures all relevant business matters receive appropriate attention and decision-making.

Trading Window Restrictions

In compliance with regulatory requirements, Banganga Paper Industries has implemented trading window restrictions affecting designated company personnel. The trading window closure became effective from January 01, 2026, and will remain in place until 48 hours after the financial results declaration.

This measure aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and subsequent amendments, ensuring fair market practices and preventing potential insider trading violations. The restriction demonstrates the company's commitment to maintaining transparency and regulatory compliance in its operations.

Banganga Paper Industries Limited has appointed Dr. Keshav Lakshminarayana Patkar as Additional Director (Non Executive, Independent) through a board resolution passed by circulation on February 2, 2026. The appointment has been made in compliance with the provisions of the Companies Act, 2013 and SEBI Listing Regulations.

Director Appointment Details

The board has approved Dr. Patkar's appointment after evaluating his credentials, experience, independence, and integrity. The company has received necessary declarations confirming that he meets the criteria of independence as prescribed under Section 149(6) of the Companies Act, 2013 and Regulation 25 of the Listing Regulations.

Professional Background and Expertise

Dr. Keshav Patkar brings extensive industry experience to the board. He holds M.Phil., Ph.D., and Master Brewer qualifications, with over 30 years of distinguished experience in the brewery and consumer goods industry. His professional journey includes senior leadership positions as Chief Brewer and Director of Brewing & Quality at SABMILLER INDIA and ABINBEV APAC.

His areas of expertise encompass:

• Quality Management
• Brewing Process Optimization
• New Product Development
• Global Brand Localization
• Brewery Expansion Projects
• Technical Consulting

Educational Qualifications

Dr. Patkar holds a Ph.D. from the University of Mysore and professional qualifications from the Institute of Brewing & Distilling, London. He is currently engaged as a Brewing Consultant, operating as a self-employed professional.

Regulatory Compliance

The appointment has been made in accordance with Sections 149, 150, 152 and other applicable provisions of the Companies Act, 2013, and Regulation 25 of the Listing Regulations. The company has confirmed that Dr. Patkar is not disqualified from being appointed as director and is not related to any other Director or Key Managerial Personnel of the company.

The appointment is subject to approval of shareholders in the ensuing Annual General Meeting. The board will consider and assign committee positions for Dr. Patkar in its forthcoming meeting. His appointment and remuneration are in accordance with Schedule IV of the Companies Act, 2013 and the company's policy.